| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Meranti Merah
|
RM 1,430,000
|
RM 556
|
2,573 sqft
|
|
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Market Snapshot
CommercialRM 1,430,000
RM 556 psfMedian transaction price
Taman Melodies, 80250 Johor Bahru, Johor, Malaysia
MapsMelodies Garden in Johor Bahru, Johor recorded 1 subsale transactions in 2023, with a median price of RM 1.43 million and a median price per square foot (PSF) of RM 556.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM 556, with most transactions between RM 556 and RM 556. The usual range is RM 393.86 to RM 717.86, showing that most units are priced quite close to each other. With an IQR of RM 324.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.