TAMAN MELEWAR

TAMAN MELEWAR in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions in 2023, with a median price of RM 820K and a median price per square foot (PSF) of RM 245.

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 820K, with most transactions falling within a stable range of RM 697K to RM 820K, and a typical market range of RM 653K to RM 820K.

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 245, though individual units vary from RM 185 to RM 305 in the core range. The broader market spans RM 207.63 to RM 282.38, indicating diverse property characteristics. The spread of RM 74.75 (IQR) and deviation of RM 60 (MAD) suggest moderate price variations reflecting different property features.

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.