Area Intelligence

RUM AWAM AIR MOLEK

2 properties
2023
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Median Price
RM 135,000
PSF: RM 112

Residential Market

Median Price

RM 135,000

IQR: RM 27
MAD: RM 15
RM 112 PSF 12.1%

PSF Trends (2021-2025)

RUM AWAM AIR MOLEK in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 135K and a median price per square foot (PSF) of RM 112.

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 135K, with most transactions falling within a stable range of RM 120K to RM 150K, and a typical market range of RM 120K to RM 150K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 112, with core pricing between RM 100 and RM 124. Market pricing typically extends from RM 98.50 to RM 125.50, reflecting moderate variation in unit pricing. With an IQR of RM 27.00 and MAD of RM 12, 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.

Area Location

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RUM AWAM AIR MOLEK, Melaka Tengah, Melaka

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Transactions

2 properties grouped by size

1,200 sqft
2 units Low-Cost House
RM 120,000
MOLEK , AYER MOLEK MELAKA
1,206 sqft · RM 100.00 PSF
Nov 2023
RM 150,000
JALAN MOLEK 2/1
1,206 sqft · RM 124.00 PSF
Feb 2023