Area Intelligence

TMN DESA MOLEK

5 properties
2024
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Median Price
RM 220,000
PSF: RM 155

Residential Market

Median Price

RM 220,000

IQR: RM 35
MAD: RM 15
RM 155 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 5 subsale transactions in 2024, with a median price of RM 220K and a median price per square foot (PSF) of RM 155.

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 220K, with most transactions falling within a stable range of RM 157K to RM 250K, and a typical market range of RM 204K to RM 237K.

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

Price per square foot shows a median of RM 155, though individual units vary from RM 109 to RM 201 in the core range. The broader market spans RM 135.50 to RM 174.50, indicating diverse property characteristics. A wider spread (IQR: RM 39.00) and deviation (MAD: RM 46) indicate significant PSF variations, likely due to diverse property types or conditions.

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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TMN DESA MOLEK, Melaka Tengah, Melaka

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Transactions

5 properties found

Single Storey Terraced JLN DESA MOLEK 6
RM 245,000
1,206 sqft Oct 2024
RM 203.00 PSF
Low-Cost House JLN DESA MOLEK 12
RM 170,000
1,098 sqft Jun 2024
RM 155.00 PSF
Single Storey Terraced JLN DESA MOLEK 3
RM 250,000
1,302 sqft Feb 2024
RM 192.00 PSF
Low-Cost House JALAN DESA MOLEK 10
RM 80,000
1,098 sqft Feb 2024
RM 73.00 PSF
Low-Cost House JALAN DESA MOLEK 12
RM 220,000
1,647 sqft Feb 2024
RM 134.00 PSF