Melati Utama

  • Property Type
    Condominium/Apartment
  • Tenure
    Freehold
  • Street Name
    Jalan Melati Utama 3, Taman Melati
  • District / Planning Area
    Setapak
About Melati Utama

Melati Utama is a freehold non-landed project situated in the neighbourhood of Setapak in Kuala Lumpur. It is surrounded by several well-known developments such as Platinum Hill condominium series, several other flats and also near to KL East project by Sime Darby. In total, there are several blocks of 17-storey buildings. The built-up space is approximately 1,270 sq. ft. Facilities at this condo includes 24-hour security, car park, swimming pool, gymnasium, salon and also surrounded by a lot of shop lot and eateries. It also sitting next to Taman melati primary and Secondary school and Tuanku Abdul Rahman University College Kuala Lumpur. This project, located next to Jalan Lingkaran Tengah 2 (MRR2), which make it easily accessible via several other major roads such as DUKE Expressway, Jalan Ampang, Jalan Genting Kelang and Jalan Setapak.

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Profitable Transactions (Limited to 5 Total of 43 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
21 Dec 0402 Aug 191,335 ft²345172231,0004.9
04 Sep 0322 Apr 191,270 ft²315148212,0004.9
05 Sep 0308 Apr 191,270 ft²295142195,2004.8
29 Oct 1031 Dec 181,615 ft²619310500,1008.8
11 Sep 0726 Dec 181,550 ft²303178194,0004.8

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 38 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 3 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
27 Mar 1701 Aug 171,270 ft²339370-40000-22.6
26 Mar 1017 Oct 111,335 ft²131171-53000-15.6
29 Dec 0926 Mar 101,335 ft²171221-67000-66.1

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

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