WANGSA MELAWATI

WANGSA MELAWATI in Kuala Lumpur, Kuala Lumpur recorded 9 subsale transactions in 2024, with a median price of RM 660K and a median price per square foot (PSF) of RM 611.

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 660K, with most transactions falling within a stable range of RM 510K to RM 1.28 million, and a typical market range of RM 510K to RM 821K.

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 611, though individual units vary from RM 116 to RM 1,106 in the core range. The broader market spans RM 542.88 to RM 679.13, indicating diverse property characteristics. A wider spread (IQR: RM 136.25) and deviation (MAD: RM 495) 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.