WANGSA MELAWATI

WANGSA MELAWATI in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions in 2023, with a median price of RM 780K and a median price per square foot (PSF) of RM 653.

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 780K, with most transactions falling within a stable range of RM 734K to RM 780K, and a typical market range of RM 693K to RM 780K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 653, with most transactions between RM 622 and RM 684. The usual range is RM 596.50 to RM 709.50, showing that most units are priced quite close to each other. With an IQR of RM 113.00 and MAD of RM 31, 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.