TAMAN MELATI, SITIAWAN in Manjung, Perak recorded 5 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 214.
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 300K, with most transactions falling within a stable range of RM 226K to RM 375K, and a typical market range of RM 245K to RM 356K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 214, with core pricing between RM 181 and RM 248. Market pricing typically extends from RM 181.88 to RM 246.13, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
