TAMAN MELATI, SITIAWAN in Manjung, Perak recorded 0 subsale transactions in 2021, with a median price of RM 275K and a median price per square foot (PSF) of RM 204.
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 275K, with most transactions falling within a stable range of RM 200K to RM 349K, and a typical market range of RM 219K to RM 330K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 204, with core pricing between RM 170 and RM 237. Market pricing typically extends from RM 171.38 to RM 235.63, 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.
