Taman Melati, Sitiawan

Perak, Manjung, Lumut

Property Transactions

5 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
950 sqft
LC House
RM190,000
Jalan Melati 1/1
958 sqft · RM198 PSF
1,300 sqft
2-Sty Terrace
RM350,000
Lorong Melati 6
1,292 sqft · RM271 PSF
RM300,000
Lorong Melati 6
1,292 sqft · RM232 PSF
RM350,000
Lorong Melati 6
1,292 sqft · RM271 PSF
5,850 sqft
Bungalow
RM280,000
Lorong Melati 5
5,856 sqft · RM48 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM300,000

RM232 psf

Median transaction price

Taman Melati, Sitiawan in Manjung, Perak recorded 5 subsale transactions in 2022, with a median price of RM300K and a median price per square foot (PSF) of RM232.

This area contains both residential and commercial properties. View 16 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 RM300K, with most transactions falling within a stable range of RM241K to RM350K, and a typical market range of RM245K to RM350K.

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

Price per square foot shows a median of RM232, though individual units vary from RM150 to RM315 in the core range. The broader market spans RM200.14 to RM264.39, indicating diverse property characteristics. A wider spread (IQR: RM64.25) and deviation (MAD: RM83) 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.