Melati Jaya in Barat Daya, Penang recorded 3 Single Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM640K and a median price per square foot (PSF) of RM457.

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 RM640K, with most transactions falling within a stable range of RM560K to RM724K, and a typical market range of RM560K to RM765K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

For price per square foot, the median is RM457, with most transactions between RM413 and RM501. The usual range is RM391.87 to RM522.87, showing that most units are priced quite close to each other. With an IQR of RM131.00 and MAD of RM44, 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.