WANGSA MELAWATI

WANGSA MELAWATI in Kuala Lumpur, Kuala Lumpur recorded 6 subsale transactions in 2024, with a median price of RM 820K and a median price per square foot (PSF) of RM 625.

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 820K, with most transactions falling within a stable range of RM 660K to RM 1.17 million, and a typical market range of RM 733K to RM 907K.

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

The median PSF stands at RM 625, with core pricing between RM 561 and RM 689. Market pricing typically extends from RM 568.50 to RM 681.50, reflecting moderate variation in unit pricing. With an IQR of RM 113.00 and MAD of RM 64, the PSF demonstrates reasonable consistency across the market.

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.