WANGSA MELAWATI

WANGSA MELAWATI in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2021, with a median price of RM 1.84 million and a median price per square foot (PSF) of RM 655.

This area contains both residential and commercial properties. View 34 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 1.84 million, with most transactions falling within a stable range of RM 532K to RM 3.15 million, and a typical market range of RM 1.64 million to RM 2.05 million.

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

Price per square foot shows a median of RM 655, though individual units vary from RM 494 to RM 815 in the core range. The broader market spans RM 589.13 to RM 719.88, indicating diverse property characteristics. The spread of RM 130.75 (IQR) and deviation of RM 161 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.