TAMAN MELATI

Area Intelligence

2023

Median Price

RM 190,000

PSF: RM 215

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Residential PSF Trends

Median Price

RM 190,000

PSF: RM 215

TAMAN MELATI in Hilir Perak, Perak recorded 2 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 215.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 215, with most transactions between RM 215 and RM 215. The usual range is RM 196.25 to RM 233.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MELATI, Hilir Perak, Perak

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