Area Intelligence

DESA MELAWATI

4 properties
2023
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Median Price
RM 1,625,000
PSF: RM 834

Residential Market

Median Price

RM 1,190,000

IQR: RM 180
MAD: RM 95
RM 605 PSF 21.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,750,000

IQR: RM 159
MAD: RM 55
RM 991 PSF 3.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA MELAWATI in Kuala Lumpur, Kuala Lumpur recorded 4 subsale transactions in 2023, with a median price of RM 1.63 million and a median price per square foot (PSF) of RM 834.

This area contains both residential and commercial properties. View 4 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.63 million, with most transactions falling within a stable range of RM 1.27 million to RM 1.75 million, and a typical market range of RM 1.42 million to RM 1.75 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 834, though individual units vary from RM 634 to RM 1,033 in the core range. The broader market spans RM 767.25 to RM 899.75, indicating diverse property characteristics. The spread of RM 132.50 (IQR) and deviation of RM 199 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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DESA MELAWATI, Kuala Lumpur, Kuala Lumpur

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Transactions

4 properties grouped by size

1,650 sqft
1 units Double Storey Terraced
RM 880,000
JALAN 8/4
1,647 sqft · RM 534.00 PSF
Oct 2023
1,750 sqft
2 units 3-Storey Storey Shop
RM 1,750,000
2/4C
1,765 sqft · RM 991.00 PSF
Sep 2023
RM 1,750,000
JALAN 3/4C
1,765 sqft · RM 991.00 PSF
Sep 2023
2,200 sqft
1 units Double Storey Terraced
RM 1,500,000
JLN DESA MELAWATI 1A (CASA RIMBA)
2,217 sqft · RM 676.00 PSF
Sep 2023