Area Intelligence

TMN MELATI, SITIAWAN

3 properties
2023
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Median Price
RM 569,000
PSF: RM 407

Residential Market

Median Price

RM 200,000

IQR: RM 41
MAD: RM 25
RM 209 PSF 8.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 874,500

IQR: RM 45
MAD: RM 45
RM 452 PSF

PSF Trends (2021-2025)

TMN MELATI, SITIAWAN in Manjung, Perak recorded 3 subsale transactions in 2023, with a median price of RM 569K and a median price per square foot (PSF) of RM 407.

This area contains both residential and commercial properties. View 14 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 569K, with most transactions falling within a stable range of RM 200K to RM 973K, and a typical market range of RM 506K to RM 632K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 407, though individual units vary from RM 287 to RM 527 in the core range. The broader market spans RM 370.88 to RM 443.13, indicating diverse property characteristics. A wider spread (IQR: RM 72.25) and deviation (MAD: RM 120) 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 MELATI, SITIAWAN, Manjung, Perak

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Transactions

3 properties grouped by size

950 sqft
1 units Low-Cost House
RM 200,000
JLN LUMUT
958 sqft · RM 209.00 PSF
Dec 2023
1,400 sqft
1 units Double Storey Shop
RM 569,000
JLN MELATI INDAH 1
1,399 sqft · RM 407.00 PSF
Feb 2023
2,400 sqft
1 units 3-Storey Storey Shop
RM 1,180,000
JLN MELATI INDAH 1
2,379 sqft · RM 496.00 PSF
Nov 2023