Area Intelligence

WANGSA MELAWATI

9 properties
2024
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Median Price
RM 660,000
PSF: RM 611

Residential Market

Median Price

RM 645,000

IQR: RM 89
MAD: RM 47
RM 608 PSF 2.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,600,000

IQR: RM 513
MAD: RM 209
RM 2,176 PSF 35.1%

PSF Trends (2021-2025)

WANGSA MELAWATI in Kuala Lumpur, Kuala Lumpur recorded 9 subsale transactions in 2024, with a median price of RM 660K and a median price per square foot (PSF) of RM 611.

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 660K, with most transactions falling within a stable range of RM 510K to RM 1.28 million, and a typical market range of RM 510K to RM 865K.

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 611, though individual units vary from RM 116 to RM 1,106 in the core range. The broader market spans RM 545.63 to RM 676.38, indicating diverse property characteristics. A wider spread (IQR: RM 130.75) and deviation (MAD: RM 495) 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

9 properties grouped by size

900 sqft
3 units Double Storey Terraced
RM 510,000
JALAN WANGSA CERIA 4
883 sqft · RM 578.00 PSF
Jul 2024
RM 550,000
JLN WANGSACERIA 1C
883 sqft · RM 623.00 PSF
Jul 2024
RM 630,000
JALAN WANGSA CERIA 1B
883 sqft · RM 714.00 PSF
Jun 2024
1,100 sqft
3 units Double Storey Terraced
RM 570,000
JLN WANGSA MURNI 3
1,076 sqft · RM 530.00 PSF
Jun 2024
RM 720,000
JALAN WANGSA MURNI 9
1,076 sqft · RM 669.00 PSF
May 2024
RM 660,000
JLN WANGSA MURNI 2
1,080 sqft · RM 611.00 PSF
Apr 2024
1,200 sqft
1 units 4-Storey Storey Shop
RM 2,600,000
JLN WANGSA SETIA 1
1,195 sqft · RM 2,176.00 PSF
Feb 2024
1,400 sqft
2 units Double Storey Terraced
RM 845,000
JLN WANGSA PERKASA 7
1,399 sqft · RM 604.00 PSF
Mar 2024
RM 770,000
LORONG WANGSA PERKASA 3
1,399 sqft · RM 550.00 PSF
Jan 2024