Melaka
Melaka Tengah
Bkt Lintang
TAMAN AYER MOLEK JAYA

TAMAN AYER MOLEK JAYA

Area Intelligence

2024

Median Price

RM 310,000

PSF: RM 127

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Residential PSF Trends

Median Price

RM 310,000

PSF: RM 127

TAMAN AYER MOLEK JAYA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 310K and a median price per square foot (PSF) of RM 127.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 310K, with most transactions falling within a stable range of RM 280K to RM 340K, and a typical market range of RM 295K to RM 325K.

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

Price per square foot shows a median of RM 127, though individual units vary from RM 95 to RM 158 in the core range. The broader market spans RM 107.50 to RM 145.50, indicating diverse property characteristics. The spread of RM 38.00 (IQR) and deviation of RM 32 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN AYER MOLEK JAYA, Melaka Tengah, Melaka

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