Area Intelligence

TMN DESA MOLEK

2 properties
2021
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Median Price
RM 215,000
PSF: RM 179

Residential Market

Median Price

RM 215,000

IQR: RM 35
MAD: RM 15
RM 179 PSF 4.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 430,000

RM 303 PSF

PSF Trends (2021-2025)

TMN DESA MOLEK in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 215K and a median price per square foot (PSF) of RM 179.

This area contains both residential and commercial properties. View 28 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 215K, with most transactions falling within a stable range of RM 210K to RM 220K, and a typical market range of RM 210K to RM 220K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 179, with most transactions between RM 176 and RM 182. The usual range is RM 159.50 to RM 198.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.00 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN DESA MOLEK, Melaka Tengah, Melaka

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Transactions

2 properties found

Single Storey Terraced JLN DESA MOLEK 6
RM 220,000
1,206 sqft Dec 2021
RM 182.00 PSF
Single Storey Terraced JLN DESA MOLEK 6
RM 210,000
1,195 sqft Dec 2021
RM 176.00 PSF