TAMAN MELATI INDAH

TAMAN MELATI INDAH in Perlis, Perlis recorded 3 subsale transactions in 2022, with a median price of RM 170K and a median price per square foot (PSF) of RM 119.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 170K, with most transactions falling within a stable range of RM 150K to RM 204K, and a typical market range of RM 150K to RM 210K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 119, with core pricing between RM 99 and RM 139. Market pricing typically extends from RM 97.75 to RM 140.25, reflecting moderate variation in unit pricing. The spread of RM 42.50 (IQR) and deviation of RM 20 (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.