| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Beringin
|
RM 680,000
|
RM 854
|
797 sqft
|
|
|
Jalan Beringin
|
RM 680,000
|
RM 790
|
861 sqft
|
|
|
Jalan Beringin
|
RM 820,000
|
RM 846
|
969 sqft
|
|
|
Jalan Chengai
|
RM 919,000
|
RM 344
|
2,669 sqft
|
|
|
Jalan Beringin
|
RM 1,600,000
|
RM 476
|
3,358 sqft
|
|
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Market Snapshot
CommercialRM 820,000
RM 790 psfMedian transaction price
Taman Melodies, 80250 Johor Bahru, Johor, Malaysia
MapsMelodies Garden in Johor Bahru, Johor recorded 5 subsale transactions in 2022, with a median price of RM 820K and a median price per square foot (PSF) of RM 790.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 820K, with most transactions falling within a stable range of RM 680K to RM 1.16 million, and a typical market range of RM 680K to RM 1.26 million.
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 790, though individual units vary from RM 579 to RM 1,001 in the core range. The broader market spans RM 627.68 to RM 951.68, indicating diverse property characteristics. A wider spread (IQR: RM 324.00) and deviation (MAD: RM 211) 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.