TAMAN MELAWIS

TAMAN MELAWIS in Klang, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 281.

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 450K, with most transactions falling within a stable range of RM 350K to RM 682K, and a typical market range of RM 384K to RM 516K.

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

Price per square foot shows a median of RM 281, though individual units vary from RM 213 to RM 349 in the core range. The broader market spans RM 249.88 to RM 312.13, indicating diverse property characteristics. The spread of RM 62.25 (IQR) and deviation of RM 68 (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.