Selangor, Hulu Selangor, Bandar Serendah

TAMAN MELATI

Area Intelligence

2022

Median Price

RM 265,000

PSF: RM 125

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Commercial PSF Trends

Median Price

RM 265,000

RM 125 PSF

TAMAN MELATI in Hulu Selangor, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 265K and a median price per square foot (PSF) of RM 125.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 265K, with most transactions falling within a stable range of RM 230K to RM 300K, and a typical market range of RM 248K to RM 283K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 125, with core pricing between RM 101 and RM 149. Market pricing typically extends from RM 109.75 to RM 140.25, reflecting moderate variation in unit pricing. The spread of RM 30.50 (IQR) and deviation of RM 24 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MELATI, Hulu Selangor, Selangor

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