Taman Melati, Sitiawan

Perak, Manjung, Lumut

Property Transactions

5 subsales grouped by size

Median
RM 300,000
PSF
RM 232
Price Size
Period
transactions middle 50% (P25–P75)
950 sqft
LC House
RM 190,000
Jalan Melati 1/1
958 sqft · RM 198 PSF
1,300 sqft
2-Sty Terrace
RM 350,000
Lorong Melati 6
1,292 sqft · RM 271 PSF
RM 300,000
Lorong Melati 6
1,292 sqft · RM 232 PSF
RM 350,000
Lorong Melati 6
1,292 sqft · RM 271 PSF
5,850 sqft
Bungalow
RM 280,000
Lorong Melati 5
5,856 sqft · RM 48 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 300,000

RM 232 psf

Median transaction price

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 232.

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 241K to RM 350K, and a typical market range of RM 245K to RM 350K.

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 232, though individual units vary from RM 150 to RM 315 in the core range. The broader market spans RM 200.14 to RM 264.39, indicating diverse property characteristics. A wider spread (IQR: RM 64.25) and deviation (MAD: RM 83) 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.