Area Intelligence

TAMAN MOLEK RESIDEN

19 properties
2023
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Median Price
RM 431,000
PSF: RM 308

Residential Market

Median Price

RM 431,000

IQR: RM 40
MAD: RM 8
RM 308 PSF 4.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 788,000

IQR: RM 30
RM 469 PSF 3.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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 81 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 471K.

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 295.00 to RM 321.00, indicating diverse property characteristics. A wider spread (IQR: RM 26.00) 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.

Area Location

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TAMAN MOLEK RESIDEN, Melaka Tengah, Melaka

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Transactions

19 properties grouped by size

1,400 sqft
13 units (showing 6) Double Storey Terraced
RM 431,000
MOLEK RESIDENCE
1,399 sqft · RM 308.00 PSF
Dec 2023
RM 431,000
MOLEK RESIDENCE
1,399 sqft · RM 308.00 PSF
Dec 2023
RM 431,000
JLN MR
1,399 sqft · RM 308.00 PSF
Oct 2023
RM 431,000
JLN MR
1,399 sqft · RM 308.00 PSF
Sep 2023
RM 431,000
JLN MR
1,399 sqft · RM 308.00 PSF
Aug 2023
RM 431,000
JLN MR
1,399 sqft · RM 308.00 PSF
Jul 2023
1,700 sqft
6 units Double Storey Shop
RM 788,000
JLN MR
1,679 sqft · RM 469.00 PSF
Nov 2023
RM 838,000
JLN MR
1,679 sqft · RM 499.00 PSF
Nov 2023
RM 788,000
JLN MOLEK
1,679 sqft · RM 469.00 PSF
Oct 2023
RM 788,000
JLN MR
1,679 sqft · RM 469.00 PSF
Oct 2023
RM 838,000
JLN MR
1,679 sqft · RM 499.00 PSF
Oct 2023
RM 788,000
JLN MR
1,679 sqft · RM 469.00 PSF
Sep 2023