Area Intelligence

TMN BANDAR MELAWATI

5 properties
2023
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Median Price
RM 500,000
PSF: RM 357

Residential Market

Median Price

RM 230,000

IQR: RM 22
MAD: RM 22
RM 209 PSF 47.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 635,000

IQR: RM 121
MAD: RM 43
RM 392 PSF 19.0%

PSF Trends (2021-2025)

TMN BANDAR MELAWATI in Kuala Selangor, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 357.

This area contains both residential and commercial properties. View 4 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 230K to RM 1.01 million, and a typical market range of RM 340K to RM 660K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 357, though individual units vary from RM 177 to RM 537 in the core range. The broader market spans RM 248.50 to RM 465.50, indicating diverse property characteristics. A wider spread (IQR: RM 217.00) and deviation (MAD: RM 180) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN BANDAR MELAWATI, Kuala Selangor, Selangor

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Transactions

5 properties found

Double Storey Shop JLN MELATI 3/19
RM 770,000
1,808 sqft Nov 2023
RM 426.00 PSF
Low-Cost House JALAM MELATI 3/13
RM 230,000
1,098 sqft Aug 2023
RM 209.00 PSF
Double Storey Shop JLN MELATI 3/17
RM 450,000
1,399 sqft Mar 2023
RM 322.00 PSF
Double Storey Shop JALAN MELATI 3/5
RM 500,000
1,399 sqft Feb 2023
RM 357.00 PSF
3-Storey Storey Shop JLN MELATI 3/17
RM 1,680,000
2,264 sqft Feb 2023
RM 742.00 PSF