TAMAN MELAWATI

Area Intelligence
2023
Median Price
RM 550,000
PSF: RM 595

Residential PSF Trends

Median Price

RM 550,000

PSF: RM 595

TAMAN MELAWATI in Gombak, Selangor recorded 7 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 595.

This area contains both residential and commercial properties. View 33 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 550K, with most transactions falling within a stable range of RM 522K to RM 565K, and a typical market range of RM 500K to RM 565K.

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

For price per square foot, the median is RM 595, with most transactions between RM 542 and RM 648. The usual range is RM 538.25 to RM 651.75, showing that most units are priced quite close to each other. With an IQR of RM 113.50 and MAD of RM 53, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN MELAWATI, Gombak, Selangor

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Transactions

3 transactions grouped by size

850 sqft
Double Storey Terraced
RM 500,000
JALAN J1
840 sqft · RM 595 PSF
RM 550,000
JALAN J1
840 sqft · RM 655 PSF
1,100 sqft
Double Storey Terraced
RM 565,000
JALAN J13
1,076 sqft · RM 525 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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