Melati Jaya in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,375 and 1,424 sqft, with a median price of RM600K and a median price per square foot (PSF) of RM429.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM600K, with most transactions falling within a stable range of RM560K to RM640K, and a typical market range of RM560K to RM640K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM429, with most transactions between RM400 and RM457. The usual range is RM363.28 to RM494.28, showing that most units are priced quite close to each other. With an IQR of RM131.00 and MAD of RM29, the PSF demonstrates reasonable consistency across the market.

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.