Area Intelligence

TAMAN MOLEK RESIDEN

7 properties
2021
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Median Price
RM 408,000
PSF: RM 272

Residential Market

Median Price

RM 408,000

IQR: RM 40
MAD: RM 8
RM 272 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 7 subsale transactions in 2021, with a median price of RM 408K and a median price per square foot (PSF) of RM 272.

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 408K, with most transactions falling within a stable range of RM 381K to RM 522K, and a typical market range of RM 381K to RM 448K.

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 272, though individual units vary from RM 213 to RM 331 in the core range. The broader market spans RM 259.00 to RM 285.00, indicating diverse property characteristics. The spread of RM 26.00 (IQR) and deviation of RM 59 (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. Moderate price stability provides a balanced market for both buyers and sellers. 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

7 properties grouped by size

1,400 sqft
4 units Double Storey Terraced
RM 381,000
JLN MR
1,399 sqft · RM 272.00 PSF
Dec 2021
RM 408,000
JLN MR
1,421 sqft · RM 287.00 PSF
Dec 2021
RM 381,000
MOLEK RESIDENCE
1,399 sqft · RM 272.00 PSF
Dec 2021
RM 408,000
TMN MOLEK RESIDEN
1,421 sqft · RM 287.00 PSF
Dec 2021
1,750 sqft
1 units Double Storey Terraced
RM 459,000
JLN MR
1,765 sqft · RM 260.00 PSF
Dec 2021
3,500 sqft
1 units Double Storey Terraced
RM 584,000
JLN MR
3,498 sqft · RM 167.00 PSF
Dec 2021
5,350 sqft
1 units Double Storey Terraced
RM 702,000
JLN MR
5,339 sqft · RM 131.00 PSF
Dec 2021