TAMAN MOLEK RESIDEN

TAMAN MOLEK RESIDEN in Melaka Tengah, Melaka recorded 19 subsale transactions in 2023, with a median price of RM 431K and a median price per square foot (PSF) of RM 308.

This area contains both residential and commercial properties. View 87 residential properties or 12 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 431K, with most transactions falling within a stable range of RM 431K to RM 604K, and a typical market range of RM 431K to RM 477K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 308, though individual units vary from RM 229 to RM 387 in the core range. The broader market spans RM 294.50 to RM 321.50, indicating diverse property characteristics. A wider spread (IQR: RM 27.00) and deviation (MAD: RM 79) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.