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DESA MELAWATI

Kuala Lumpur, WP Kuala Lumpur · Commercial · 10 recorded sales, Dec 2021 to May 2024

No sale recorded since May 20243 - 3 1/2 Storey Shop · 62 - 2 1/2 Storey Terraced · 4
RM 346psf median, against main floor area · 10 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 332 – 533 psf
Median price
RM 1,482,500
Price range
RM 800k – RM 2.80m
Main floor area
1,438 – 8,532 sq ft
Land area
1,647 – 3,552 sq ft
Median price per sq ft of land
RM 784

Median of 10 sales that carry a usable area, out of 10 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,765 sq ft against 4,675. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to May 2024. Last on record: 24 May 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20211 · RM 257 psf
20222 · RM 421 psf
20234 · RM 479 psf
20243 · RM 342 psf

Quarterly medians · not a price trend

2144346552021 Q4 — RM 257 psf, 1 sale2022 Q2 — RM 421 psf, 2 sales2023 Q3 — RM 346 psf, 3 sales2023 Q4 — RM 612 psf, 1 sale2024 Q1 — RM 342 psf, 1 sale2024 Q2 — RM 387 psf, 2 sales
2021 Q42024 Q2
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in WP Kuala Lumpur long or clean enough to state a direction, so this page states none.

Distribution · 10 priced sales

RM 261–287 psf — 2 salesRM 287–313 psf — 0 salesRM 313–339 psf — 1 saleRM 339–365 psf — 3 salesRM 365–391 psf — 0 salesRM 391–416 psf — 0 salesRM 416–442 psf — 0 salesRM 442–468 psf — 1 saleRM 468–494 psf — 0 salesRM 494–520 psf — 0 salesRM 520–546 psf — 0 salesRM 546–572 psf — 1 saleRM 572–597 psf — 0 salesRM 597–623 psf — 2 sales
RM 261RM 623 psf

Each bar counts sales in a RM 26 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 10 of 10

DateTypeArea (sq ft)PricepsfTenure
24 May 20243 - 3 1/2 Storey Shop8,532RM 2,800,000328Freehold
2 Apr 20242 - 2 1/2 Storey Terraced1,792RM 800,000446Freehold
28 Feb 20243 - 3 1/2 Storey Shop4,290RM 1,465,000342Freehold
30 Oct 20232 - 2 1/2 Storey Terraced1,438RM 880,000612Freehold
29 Sep 20233 - 3 1/2 Storey Shop5,060RM 1,750,000346Freehold
29 Sep 20233 - 3 1/2 Storey Shop5,060RM 1,750,000346Freehold
5 Sep 20232 - 2 1/2 Storey Terraced2,397RM 1,500,000626Freehold
30 May 20222 - 2 1/2 Storey Terraced3,332RM 1,870,000561Freehold
11 Apr 20223 - 3 1/2 Storey Shop5,060RM 1,420,000281Freehold
6 Dec 20213 - 3 1/2 Storey Shop5,060RM 1,300,000257Freehold

Others in Kuala Lumpur · commercial

BANDAR BARU WANGSA MAJU
RM 553 psf · 70 sales · 1.9 km
DANAU KOTA
RM 509 psf · 51 sales · 2.8 km
WISMA RAMPAI
6 sales · 2.9 km
FERA RESIDENCE
RM 761 psf · 9 sales · 3.1 km
DIAMOND SQUARE
RM 347 psf · 44 sales · 4.3 km
PLATINUM WALK
RM 384 psf · 15 sales · 4.4 km
TAMAN KOPERASI POLIS
RM 313 psf · 7 sales · 5.1 km
HERITAGE HOUSE
15 sales · 5.6 km

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.