TAMAN MELATI

Area Intelligence
2023
Median Price
RM 110,000
PSF: RM 85

Residential PSF Trends

Median Price

RM 110,000

PSF: RM 85

TAMAN MELATI in Baling, Kedah recorded 4 subsale transactions in 2023, sized between 1,000 and 3,000 sqft, with a median price of RM 110K and a median price per square foot (PSF) of RM 85.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 110K, with most transactions falling within a stable range of RM 80K to RM 143K, and a typical market range of RM 80K to RM 140K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 85, though individual units vary from RM 59 to RM 110 in the core range. The broader market spans RM 53.57 to RM 115.57, indicating diverse property characteristics. A wider spread (IQR: RM 62.00) and deviation (MAD: RM 25) 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.

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TAMAN MELATI, Baling, Kedah

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Property Transactions

4 transactions grouped by size

1,300 sqft
RM 80,000
LORONG MELATI
1,302 sqft · RM 61 PSF
RM 140,000
LORONG MELATI 4
1,300 sqft · RM 108 PSF
RM 80,000
LORONG MELATI 7
1,302 sqft · RM 61 PSF
RM 150,000
JALAN MELATI 5
1,300 sqft · RM 115 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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