MELANA APARTMENT

MELANA APARTMENT in Johor Bahru, Johor recorded 11 subsale transactions in 2024, with a median price of RM 276K and a median price per square foot (PSF) of RM 279.

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 276K, with most transactions falling within a stable range of RM 247K to RM 300K, and a typical market range of RM 256K to RM 296K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 279, with core pricing between RM 250 and RM 308. Market pricing typically extends from RM 258.50 to RM 299.50, reflecting moderate variation in unit pricing. With an IQR of RM 41.00 and MAD of RM 29, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.