Area Intelligence

TAMAN MOLEK RESIDEN

31 properties
2022
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Median Price
RM 420,000
PSF: RM 286

Residential Market

Median Price

RM 420,000

IQR: RM 40
MAD: RM 8
RM 286 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 31 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 286.

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 420K, with most transactions falling within a stable range of RM 339K to RM 501K, and a typical market range of RM 381K to RM 460K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 286, with core pricing between RM 241 and RM 331. Market pricing typically extends from RM 273.00 to RM 299.00, reflecting moderate variation in unit pricing. The spread of RM 26.00 (IQR) and deviation of RM 45 (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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TAMAN MOLEK RESIDEN, Melaka Tengah, Melaka

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Transactions

31 properties grouped by size

1,400 sqft
27 units (showing 6) Double Storey Terraced
RM 431,000
MOLEK RESIDENCE
1,399 sqft · RM 308.00 PSF
Dec 2022
RM 431,000
JLN MR
1,399 sqft · RM 308.00 PSF
Nov 2022
RM 431,000
JLN MR
1,399 sqft · RM 308.00 PSF
Oct 2022
RM 420,000
JLN MR
1,399 sqft · RM 300.00 PSF
Oct 2022
RM 420,000
MOLEK RESIDENCE
1,399 sqft · RM 300.00 PSF
Sep 2022
RM 447,000
JLN MR
1,421 sqft · RM 315.00 PSF
Sep 2022
1,900 sqft
1 units Double Storey Terraced
RM 468,000
JLN MR
1,905 sqft · RM 246.00 PSF
Jan 2022
4,200 sqft
1 units Double Storey Terraced
RM 651,000
JLN MR
4,209 sqft · RM 155.00 PSF
Jun 2022
4,250 sqft
1 units Double Storey Terraced
RM 653,000
JLN MR
4,273 sqft · RM 153.00 PSF
Oct 2022
4,950 sqft
1 units Double Storey Terraced
RM 676,000
MOLEK RESIDENCE
4,951 sqft · RM 137.00 PSF
Jul 2022