Area Intelligence

WANGSA MELAWATI

12 properties
2023
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Median Price
RM 695,000
PSF: RM 624

Residential Market

Median Price

RM 650,000

IQR: RM 89
MAD: RM 47
RM 572 PSF 2.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,700,000

IQR: RM 513
MAD: RM 209
RM 1,423 PSF 35.1%

PSF Trends (2021-2025)

WANGSA MELAWATI in Kuala Lumpur, Kuala Lumpur recorded 12 subsale transactions in 2023, with a median price of RM 695K and a median price per square foot (PSF) of RM 624.

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 695K, with most transactions falling within a stable range of RM 499K to RM 1.20 million, and a typical market range of RM 499K to RM 900K.

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 624, though individual units vary from RM 219 to RM 1,028 in the core range. The broader market spans RM 558.13 to RM 688.88, indicating diverse property characteristics. A wider spread (IQR: RM 130.75) and deviation (MAD: RM 405) 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

12 properties grouped by size

900 sqft
3 units Double Storey Terraced
RM 499,000
LORONG WANGSA CERIA 1A
883 sqft · RM 565.00 PSF
Sep 2023
RM 635,000
LORONG WANGSA CERIA 1B
883 sqft · RM 719.00 PSF
Aug 2023
RM 500,000
LORONG WANGSA CERIA 3
883 sqft · RM 566.00 PSF
Jul 2023
1,000 sqft
1 units Double Storey Terraced
RM 600,000
LRG WANGSA BUDI 5B
990 sqft · RM 606.00 PSF
Dec 2023
1,100 sqft
2 units
RM 690,000
Double Storey Terraced JALAN WANGSA BUDI 2
1,076 sqft · RM 641.00 PSF
May 2023
RM 700,000
Low-Cost House WANGSA BUDI 5B
1,076 sqft · RM 650.00 PSF
Mar 2023
1,200 sqft
3 units
RM 1,350,000
3-Storey Storey Shop JALAN WANGSA SETIA 3
1,195 sqft · RM 1,130.00 PSF
Sep 2023
RM 1,700,000
3-Storey Storey Shop JLN WANGSA SETIA 4
1,195 sqft · RM 1,423.00 PSF
Sep 2023
RM 2,100,000
4-Storey Storey Shop JLN WIRA SETIA 3
1,195 sqft · RM 1,758.00 PSF
Mar 2023
1,400 sqft
1 units Double Storey Terraced
RM 800,000
JALAN WANGSA PERKASA 1
1,399 sqft · RM 572.00 PSF
Nov 2023
1,450 sqft
1 units Double Storey Terraced
RM 650,000
LRG WANGSA CERIA 1C
1,432 sqft · RM 454.00 PSF
Jul 2023
3,550 sqft
1 units Double Storey Terraced
RM 1,350,000
JALAN WANGSA PERKASA 5
3,563 sqft · RM 379.00 PSF
Oct 2023