WANGSA MELAWATI

WANGSA MELAWATI in Kuala Lumpur, Kuala Lumpur recorded 16 subsale transactions in 2022, with a median price of RM 610K and a median price per square foot (PSF) of RM 576.

This area contains both residential and commercial properties. View 36 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 610K, with most transactions falling within a stable range of RM 445K to RM 1.28 million, and a typical market range of RM 449K to RM 771K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 576, though individual units vary from RM 356 to RM 795 in the core range. The broader market spans RM 507.38 to RM 643.63, indicating diverse property characteristics. A wider spread (IQR: RM 136.25) and deviation (MAD: RM 220) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Limited transaction history suggests carefully evaluating comparable sales data.