WANGSA MELAWATI

WANGSA MELAWATI in Kuala Lumpur, Kuala Lumpur recorded 6 subsale transactions in 2022, with a median price of RM 634K and a median price per square foot (PSF) of RM 530.

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 634K, with most transactions falling within a stable range of RM 610K to RM 772K, and a typical market range of RM 610K to RM 721K.

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

The median PSF stands at RM 530, with core pricing between RM 449 and RM 610. Market pricing typically extends from RM 473.00 to RM 586.00, reflecting moderate variation in unit pricing. The spread of RM 113.00 (IQR) and deviation of RM 80 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.