Area Intelligence

TMN HAZ MELATI

6 properties
2023
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Median Price
RM 267,500
PSF: RM 158

Residential Market

Median Price

RM 247,500

IQR: RM 25
MAD: RM 16
RM 124 PSF 4.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 434,000

IQR: RM 39
RM 290 PSF 4.7%

PSF Trends (2021-2025)

TMN HAZ MELATI in Perlis, Perlis recorded 6 subsale transactions in 2023, with a median price of RM 268K and a median price per square foot (PSF) of RM 158.

This area contains both residential and commercial properties. View 16 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 268K, with most transactions falling within a stable range of RM 240K to RM 353K, and a typical market range of RM 240K to RM 357K.

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

Price per square foot shows a median of RM 158, though individual units vary from RM 72 to RM 243 in the core range. The broader market spans RM 85.50 to RM 229.50, indicating diverse property characteristics. A wider spread (IQR: RM 144.00) and deviation (MAD: RM 86) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN HAZ MELATI, Perlis, Perlis

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Transactions

6 properties grouped by size

1,500 sqft
2 units Double Storey Shop
RM 440,000
JLN BESERI - MATA AYER
1,496 sqft · RM 294.00 PSF
Jan 2023
RM 428,000
JLN BUKIT KETERI
1,496 sqft · RM 286.00 PSF
Jan 2023
1,550 sqft
2 units Single Storey Terraced
RM 240,000
JALAN HAZ MELATI 5
1,540 sqft · RM 156.00 PSF
Jun 2023
RM 245,000
JLN HAZ MELATI 2
1,539 sqft · RM 159.00 PSF
Jun 2023
2,750 sqft
1 units Single Storey Terraced
RM 250,000
JALAN BESERI-BUKIT KETERI
2,740 sqft · RM 91.00 PSF
Mar 2023
3,800 sqft
1 units Single Storey Terraced
RM 285,000
LORONG 5
3,789 sqft · RM 75.00 PSF
Dec 2023