TAMAN BANDAR MELAWATI

Area Intelligence
5 subsale transactions
2023
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Median Price
RM 500,000
PSF: RM 357

Residential PSF Trends

Median Price

RM 230,000

PSF: RM 209

Commercial PSF Trends

Median Price

RM 635,000

RM 392 PSF

TAMAN BANDAR MELAWATI in Kuala Selangor, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 357.

This area contains both residential and commercial properties. View 4 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 230K to RM 1.01 million, and a typical market range of RM 340K to RM 660K.

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

Price per square foot shows a median of RM 357, though individual units vary from RM 177 to RM 537 in the core range. The broader market spans RM 248.50 to RM 465.50, indicating diverse property characteristics. A wider spread (IQR: RM 217.00) and deviation (MAD: RM 180) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN BANDAR MELAWATI, Kuala Selangor, Selangor

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Transactions

5 transactions grouped by size

1,100 sqft
Low-Cost House
RM 230,000
JALAM MELATI 3/13
1,098 sqft · RM 209.00 PSF
Aug 2023
1,400 sqft
Double Storey Shop
RM 450,000
JALAN MELATI 3/17
1,399 sqft · RM 322.00 PSF
Mar 2023
RM 500,000
JALAN MELATI 3/5
1,399 sqft · RM 357.00 PSF
Feb 2023
1,800 sqft
Double Storey Shop
RM 770,000
JALAN MELATI 3/19
1,808 sqft · RM 426.00 PSF
Nov 2023
2,250 sqft
3-Storey Shop
RM 1,680,000
JALAN MELATI 3/17
2,264 sqft · RM 742.00 PSF
Feb 2023