TAMAN MELATI (P/L 1591)

TAMAN MELATI (P/L 1591) in Kuala Langat, Selangor recorded 3 subsale transactions in 2022, with a median price of RM 325K and a median price per square foot (PSF) of RM 250.

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 325K, with most transactions falling within a stable range of RM 295K to RM 355K, and a typical market range of RM 275K to RM 375K.

Most transactions involved low-cost house, though some variety exists in the market.

For price per square foot, the median is RM 250, with most transactions between RM 231 and RM 269. The usual range is RM 234.88 to RM 265.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.25 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.