TAMAN MOLEK RESIDEN

TAMAN MOLEK RESIDEN in Melaka Tengah, Melaka recorded 34 subsale transactions in 2024, with a median price of RM 436K and a median price per square foot (PSF) of RM 312.

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 436K, with most transactions falling within a stable range of RM 431K to RM 638K, and a typical market range of RM 431K to RM 482K.

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 312, though individual units vary from RM 234 to RM 390 in the core range. The broader market spans RM 298.50 to RM 325.50, indicating diverse property characteristics. The spread of RM 27.00 (IQR) and deviation of RM 78 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.