MEDAN MEGA MELATI (M3) RESIDENCY

MEDAN MEGA MELATI (M3) RESIDENCY in Kuala Lumpur, Kuala Lumpur recorded 4 subsale transactions in 2023, with a median price of RM 438K and a median price per square foot (PSF) of RM 452.

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 438K, with most transactions falling within a stable range of RM 350K to RM 515K, and a typical market range of RM 381K to RM 494K.

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

For price per square foot, the median is RM 452, with most transactions between RM 420 and RM 483. The usual range is RM 420.50 to RM 482.50, showing that most units are priced quite close to each other. With an IQR of RM 62.00 and MAD of RM 32, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.