Area Intelligence

WANGSA MELAWATI

16 properties
2022
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Median Price
RM 610,000
PSF: RM 576

Residential Market

Median Price

RM 590,000

IQR: RM 89
MAD: RM 47
RM 561 PSF 2.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,425,000

IQR: RM 513
MAD: RM 209
RM 1,193 PSF 35.1%

PSF Trends (2021-2025)

WANGSA MELAWATI in Kuala Lumpur, Kuala Lumpur recorded 16 subsale transactions in 2022, with a median price of RM 610K and a median price per square foot (PSF) of RM 576.

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 610K, with most transactions falling within a stable range of RM 445K to RM 1.28 million, and a typical market range of RM 445K to RM 815K.

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 576, though individual units vary from RM 356 to RM 795 in the core range. The broader market spans RM 510.13 to RM 640.88, indicating diverse property characteristics. A wider spread (IQR: RM 130.75) and deviation (MAD: RM 220) 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.

Area Location

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WANGSA MELAWATI, Kuala Lumpur, Kuala Lumpur

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Transactions

16 properties grouped by size

900 sqft
6 units Double Storey Terraced
RM 450,000
LORONG WANGSA CERIA 3
883 sqft · RM 510.00 PSF
Oct 2022
RM 480,000
JLN WANGSA CERIA 8
883 sqft · RM 544.00 PSF
Sep 2022
RM 445,000
JALAN WANGSA CERIA 3
883 sqft · RM 504.00 PSF
Jun 2022
RM 550,000
LORONG WANGSA CERIA 7B
883 sqft · RM 623.00 PSF
May 2022
RM 500,000
JLN WANGSA CERIA 7
883 sqft · RM 566.00 PSF
Feb 2022
RM 490,000
JLN WANGSA CERIA 9
883 sqft · RM 555.00 PSF
Feb 2022
1,100 sqft
6 units Double Storey Terraced
RM 700,000
JALAN WANGSA MURNI 12
1,076 sqft · RM 650.00 PSF
Dec 2022
RM 700,000
JLN WANGSA MURNI 9
1,076 sqft · RM 650.00 PSF
Jun 2022
RM 630,000
JLN WANGSA BUDI 4
1,076 sqft · RM 585.00 PSF
Apr 2022
RM 630,000
JLN WANGSA MURNI 7
1,076 sqft · RM 585.00 PSF
Apr 2022
RM 590,000
JALAN WANGSA MURNI 9
1,076 sqft · RM 548.00 PSF
Feb 2022
RM 590,000
JLN WANGSA MURNI 9
1,076 sqft · RM 548.00 PSF
Feb 2022
1,200 sqft
2 units 3-Storey Storey Shop
RM 1,350,000
JALAN WANGSA SETIA 4
1,195 sqft · RM 1,130.00 PSF
Nov 2022
RM 1,500,000
JALAN WANGSA SETIA 3
1,195 sqft · RM 1,255.00 PSF
Jul 2022
2,250 sqft
1 units Double Storey Terraced
RM 880,000
JLN WANGSA MURNI 13
2,260 sqft · RM 389.00 PSF
Nov 2022
4,300 sqft
1 units Detached
RM 3,200,000
LRG WANGSA MELAWATI 6A2
4,284 sqft · RM 747.00 PSF
Aug 2022