|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan Berkat
|
RM 280,000
|
RM 46
|
6,026 sqft
|
|
Bungalow |
| 2023 | |||||
|
Jalan Wawasan 5
|
RM 270,000
|
RM 54
|
4,998 sqft
|
|
Bungalow |
| 2022 | |||||
|
Jalan Muafakat
|
RM 280,000
|
RM 56
|
5,016 sqft
|
|
Bungalow |
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Kampung Melayu Baru Gelang Patah, 81550 Gelang Patah, Johor Darul Ta'zim, Malaysia
MapsKampung Melayu Gelang Patah in Johor Bahru, Johor recorded 3 subsale transactions between 2021 and 2026, priced up to RM 300K, with a median price of RM 280K and a median price per square foot (PSF) of RM 54.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 275K to RM 280K, and a typical market range of RM 270K to RM 280K.
Most transactions involved detached, with minimal variety in property types.
For price per square foot, the median is RM 54, with most transactions between RM 50 and RM 58. The usual range is RM 34.03 to RM 74.03, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.00 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.
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.