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 495K to RM 644K, 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.
For price per square foot, the median is RM 407, with most transactions between RM 374 and RM 441. The usual range is RM 374.88 to RM 439.13, showing that most units are priced quite close to each other. With an IQR of RM 64.25 and MAD of RM 34, 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.
