Perak
Manjung
Lumut
TAMAN MELATI, SITIAWAN

TAMAN MELATI, SITIAWAN

Area Intelligence

2023

Median Price

RM 569,000

PSF: RM 407

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Residential PSF Trends

Median Price

RM 200,000

PSF: RM 209

TAMAN MELATI, SITIAWAN in Manjung, Perak recorded 3 subsale transactions in 2023, with a median price of RM 569K and a median price per square foot (PSF) of RM 407.

This area contains both residential and commercial properties. View 16 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 569K, with most transactions falling within a stable range of RM 200K to RM 973K, and a typical market range of RM 514K to RM 625K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 407, though individual units vary from RM 287 to RM 527 in the core range. The broader market spans RM 374.88 to RM 439.13, indicating diverse property characteristics. A wider spread (IQR: RM 64.25) and deviation (MAD: RM 120) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MELATI, SITIAWAN, Manjung, Perak

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 200,000

JALAN LUMUT

958 sqft • RM 209.00 PSF

Dec 2023

RM 1,180,000

JALAN MELATI INDAH 1

2,379 sqft • RM 496.00 PSF

Nov 2023

RM 569,000

JALAN MELATI INDAH 1

1,399 sqft • RM 407.00 PSF

Feb 2023

Road	Price	Land PSF	Land	Date	Type
JALAN LUMUT	RM 200,000	RM 209.00	958 sqft	Dec 2023	Low-Cost House
JALAN MELATI INDAH 1	RM 1,180,000	RM 496.00	2,379 sqft	Nov 2023	3-Storey Shop
JALAN MELATI INDAH 1	RM 569,000	RM 407.00	1,399 sqft	Feb 2023	Double Storey Shop