| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Wawasan 5
|
RM 270,000
|
RM 54
|
4,998 sqft
|
|
|
Jalan Taubat
|
RM 700,000
|
RM 94
|
7,414 sqft
|
|
|
|
Jalan Taubat
|
RM 700,000
|
RM 94
|
7,414 sqft
|
|
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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 in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 94.
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 700K, with most transactions falling within a stable range of RM 497K to RM 700K, and a typical market range of RM 490K to RM 700K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 94, though individual units vary from RM 75 to RM 113 in the core range. The broader market spans RM 74.42 to RM 114.42, indicating diverse property characteristics. The spread of RM 40.00 (IQR) and deviation of RM 19 (MAD) suggest moderate price variations reflecting different property features.
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.