Area Intelligence

TMN DESA MOLEK

12 properties
2022
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Median Price
RM 207,500
PSF: RM 159

Residential Market

Median Price

RM 205,000

IQR: RM 35
MAD: RM 15
RM 157 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 12 subsale transactions in 2022, with a median price of RM 208K and a median price per square foot (PSF) of RM 159.

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 208K, with most transactions falling within a stable range of RM 118K to RM 305K, and a typical market range of RM 191K to RM 224K.

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 159, though individual units vary from RM 106 to RM 212 in the core range. The broader market spans RM 139.50 to RM 178.50, indicating diverse property characteristics. A wider spread (IQR: RM 39.00) and deviation (MAD: RM 53) 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.

Area Location

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TMN DESA MOLEK, Melaka Tengah, Melaka

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Transactions

12 properties grouped by size

1,100 sqft
3 units Low-Cost House
RM 118,000
JALAN DESA MOLEK 10
1,098 sqft · RM 107.00 PSF
Oct 2022
RM 180,000
JLN DESA MOLEK 8
1,098 sqft · RM 164.00 PSF
Jun 2022
RM 150,000
JLN DESA MOLEK 10
1,098 sqft · RM 137.00 PSF
Apr 2022
1,200 sqft
2 units Single Storey Terraced
RM 195,000
JLN DESA MOLEK 6
1,206 sqft · RM 162.00 PSF
Sep 2022
RM 205,000
JLN DM 6
1,206 sqft · RM 170.00 PSF
Jan 2022
1,300 sqft
3 units Single Storey Terraced
RM 200,000
JLN DESA MOLEK 3
1,302 sqft · RM 154.00 PSF
Sep 2022
RM 230,000
JLN DS5
1,302 sqft · RM 177.00 PSF
Sep 2022
RM 210,000
DM 1
1,302 sqft · RM 161.00 PSF
Jul 2022
1,400 sqft
2 units
RM 430,000
Double Storey Shop TMN DESA MOLEK
1,421 sqft · RM 303.00 PSF
Apr 2022
RM 220,000
Single Storey Terraced JLN DESA MOLEK 1/1
1,399 sqft · RM 157.00 PSF
Mar 2022
2,250 sqft
1 units Single Storey Terraced
RM 210,000
JLN DM 1/3
2,271 sqft · RM 92.00 PSF
Jun 2022
5,100 sqft
1 units Detached
RM 450,000
LORONG 1
5,081 sqft · RM 89.00 PSF
Feb 2022