SKY HABITAT @ MELDRUM HILL

Area Intelligence
2023
Median Price
RM 120,000
PSF: RM 155

SKY HABITAT @ MELDRUM HILL in Johor Bahru, Johor recorded 0 subsale transactions in 2023, 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 111K to RM 129K, 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 99 to RM 212 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 57) 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

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