DESA MELAWATI

Area Intelligence
3 subsale transactions
2024
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Median Price
RM 1,465,000
PSF: RM 788

Residential PSF Trends

Median Price

RM 800,000

PSF: RM 486

Commercial PSF Trends

Median Price

RM 2,132,500

RM 809 PSF

DESA MELAWATI in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions in 2024, with a median price of RM 1.47 million and a median price per square foot (PSF) of RM 788.

This area contains both residential and commercial properties. View 4 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.47 million, with most transactions falling within a stable range of RM 800K to RM 2.30 million, and a typical market range of RM 1.26 million to RM 1.68 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 788, with core pricing between RM 635 and RM 941. Market pricing typically extends from RM 721.75 to RM 854.25, reflecting moderate variation in unit pricing. The spread of RM 132.50 (IQR) and deviation of RM 153 (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.

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DESA MELAWATI, Kuala Lumpur, Kuala Lumpur

OSM

Transactions

3 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,650 sqft
Double Storey Terraced
RM 800,000
JALAN 8/4
1,647 sqft · RM 486.00 PSF
Apr 2024
1,750 sqft
3-Storey Shop
RM 1,465,000
JALAN 3/4C
1,765 sqft · RM 830.00 PSF
Feb 2024
3,550 sqft
3-Storey Shop
RM 2,800,000
JALAN 4/4C
3,552 sqft · RM 788.00 PSF
May 2024