MEDAN MEGA MELATI (M3) RESIDENCY

MEDAN MEGA MELATI (M3) RESIDENCY in Kuala Lumpur, Kuala Lumpur recorded 6 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 469.

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 450K, with most transactions falling within a stable range of RM 395K to RM 495K, and a typical market range of RM 394K to RM 495K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 469, with most transactions between RM 427 and RM 510. The usual range is RM 437.50 to RM 499.50, showing that most units are priced quite close to each other. With an IQR of RM 62.00 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.