TAMAN BANDAR MELAWATI

Area Intelligence
2023
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 500K to RM 635K, and a typical market range of RM 500K to RM 660K.

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

For price per square foot, the median is RM 357, with most transactions between RM 323 and RM 392. The usual range is RM 248.50 to RM 465.50, showing that most units are priced quite close to each other. With an IQR of RM 217.00 and MAD of RM 35, 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. 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

2 transactions grouped by size

1,400 sqft
Double Storey Shop
RM 500,000
JALAN MELATI 3/5
1,399 sqft · RM 357 PSF
1,800 sqft
Double Storey Shop
RM 770,000
JALAN MELATI 3/19
1,808 sqft · RM 426 PSF

No Properties For Sale

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

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