TAMAN MOLEK RESIDEN
Residential Market
Median Price
RM 431,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 788,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
80 properties
Median Price
RM 431,000
+3.5% CAGR
Median PSF
RM 307.50
+3.1% CAGR
Double Storey Shop
12 properties
Median Price
RM 800,500
+3.2% CAGR
Median PSF
RM 476.50
+3.2% CAGR
Double Storey Semi-D
1 properties
Median Price
RM 1,368,000
Median PSF
RM 326.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 80 |
RM 431,000
±11K MAD
|
+3.46% |
RM 307.50
±5 MAD
|
+3.11% | |
Double Storey Shop | 12 |
RM 800,500
±13K MAD
|
+3.17% |
RM 476.50
±8 MAD
|
+3.20% | |
Double Storey Semi-D | 1 |
RM 1,368,000
|
- |
RM 326.00
|
- |
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.
Filter by type, year, price, and size
Transactions
19 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
MOLEK RESIDENCE
|
RM 431,000
|
RM 308.00
|
1,399 sqft
|
Dec 2023
|
|
MOLEK RESIDENCE
|
RM 431,000
|
RM 308.00
|
1,399 sqft
|
Dec 2023
|
|
JLN MR
|
RM 431,000
|
RM 308.00
|
1,399 sqft
|
Oct 2023
|
|
JLN MR
|
RM 431,000
|
RM 308.00
|
1,399 sqft
|
Sep 2023
|
|
JLN MR
|
RM 431,000
|
RM 308.00
|
1,399 sqft
|
Aug 2023
|
|
JLN MR
|
RM 431,000
|
RM 308.00
|
1,399 sqft
|
Jul 2023
|
JLN MR
|
RM 788,000
|
RM 469.00
|
1,679 sqft
|
Nov 2023
|
|
JLN MR
|
RM 838,000
|
RM 499.00
|
1,679 sqft
|
Nov 2023
|
|
JLN MOLEK
|
RM 788,000
|
RM 469.00
|
1,679 sqft
|
Oct 2023
|
|
JLN MR
|
RM 788,000
|
RM 469.00
|
1,679 sqft
|
Oct 2023
|
|
JLN MR
|
RM 838,000
|
RM 499.00
|
1,679 sqft
|
Oct 2023
|
|
JLN MR
|
RM 788,000
|
RM 469.00
|
1,679 sqft
|
Sep 2023
|