Taman Melati in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM800K and a median price per square foot (PSF) of RM445.

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 RM800K, with most transactions falling within a stable range of RM790K to RM817K, and a typical market range of RM790K to RM818K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM445, with core pricing between RM397 and RM493. Market pricing typically extends from RM369.05 to RM521.05, reflecting moderate variation in unit pricing. With an IQR of RM152.00 and MAD of RM48, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.