SKY HABITAT @ MELDRUM HILL

Area Intelligence
6 subsale transactions
2022
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Median Price
RM 120,000
PSF: RM 155

Residential PSF Trends

Median Price

RM 675,000

PSF: RM 531

Commercial PSF Trends

Median Price

RM 120,000

RM 153 PSF

SKY HABITAT @ MELDRUM HILL in Johor Bahru, Johor recorded 6 subsale transactions in 2022, with a median price of RM 120K and a median price per square foot (PSF) of RM 155.

This area contains both residential and commercial properties. View 1 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 120K, with most transactions falling within a stable range of RM 107K to RM 328K, and a typical market range of RM 113K to RM 127K.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 155, though individual units vary from RM 0 to RM 310 in the core range. The broader market spans RM 112.13 to RM 197.88, indicating diverse property characteristics. A wider spread (IQR: RM 85.75) and deviation (MAD: RM 155) 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.

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SKY HABITAT @ MELDRUM HILL, Johor Bahru, Johor

OSM

Transactions

6 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
700 sqft
RM 107,000
3-Storey Shop JALAN JELATANG 1
681 sqft · RM 157.00 PSF
Nov 2022
RM 110,000
Shop/Retail Lot Level 2
721 sqft · RM 153.00 PSF
Aug 2022
RM 128,000
Shop/Retail Lot Level 1
681 sqft · RM 188.00 PSF
Jul 2022
1,250 sqft
Service Apartment
RM 675,000
Level 36
1,270 sqft · RM 531.00 PSF
Dec 2022
1,600 sqft
3-Storey Shop
RM 120,000
JALAN JELATANG 1
1,604 sqft · RM 75.00 PSF
Nov 2022
RM 120,000
JALAN JELATANG 4
1,604 sqft · RM 75.00 PSF
Jul 2022