Kuala Lumpur, Kuala Lumpur, Mukim Setapak

TAMAN MELATI

Area Intelligence

2024

Median Price

RM 233,000

PSF: RM 396

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Residential PSF Trends

Median Price

RM 230,000

PSF: RM 395

Commercial PSF Trends

Median Price

RM 600,000

RM 465 PSF

TAMAN MELATI in Kuala Lumpur, Kuala Lumpur recorded 27 subsale transactions in 2024, with a median price of RM 233K and a median price per square foot (PSF) of RM 396.

This area contains both residential and commercial properties. View 100 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 233K, with most transactions falling within a stable range of RM 201K to RM 265K, and a typical market range of RM 204K to RM 262K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

The median PSF stands at RM 396, with core pricing between RM 335 and RM 457. Market pricing typically extends from RM 346.25 to RM 445.75, reflecting moderate variation in unit pricing. The spread of RM 99.50 (IQR) and deviation of RM 61 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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TAMAN MELATI, Kuala Lumpur, Kuala Lumpur

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