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.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 127, with core pricing between RM 114 and RM 140. Market pricing typically extends from RM 107.50 to RM 145.50, reflecting moderate variation in unit pricing. With an IQR of RM 38.00 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.
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.