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 grouped by size

1,100 sqft
2 units Low-Cost House
RM 170,000
JLN DESA MOLEK 12
1,098 sqft · RM 155.00 PSF
Jun 2024
RM 80,000
JALAN DESA MOLEK 10
1,098 sqft · RM 73.00 PSF
Feb 2024
1,200 sqft
1 units Single Storey Terraced
RM 245,000
JLN DESA MOLEK 6
1,206 sqft · RM 203.00 PSF
Oct 2024
1,300 sqft
1 units Single Storey Terraced
RM 250,000
JLN DESA MOLEK 3
1,302 sqft · RM 192.00 PSF
Feb 2024
1,650 sqft
1 units Low-Cost House
RM 220,000
JALAN DESA MOLEK 12
1,647 sqft · RM 134.00 PSF
Feb 2024