Perak
Manjung
Lumut
TAMAN MELATI, SITIAWAN

TAMAN MELATI, SITIAWAN

Area Intelligence

2022

Median Price

RM 190,000

PSF: RM 198

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Residential PSF Trends

Median Price

RM 190,000

PSF: RM 198

TAMAN MELATI, SITIAWAN in Manjung, Perak recorded 1 subsale transactions in 2022, with a median price of RM 190K and a median price per square foot (PSF) of RM 198.

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 190K, with most transactions falling within a stable range of RM 116K to RM 265K, and a typical market range of RM 135K to RM 246K.

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

The median PSF stands at RM 198, with core pricing between RM 165 and RM 232. Market pricing typically extends from RM 165.88 to RM 230.13, reflecting moderate variation in unit pricing. The spread of RM 64.25 (IQR) and deviation of RM 34 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MELATI, SITIAWAN, Manjung, Perak

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