TAMAN MELAWATI

TAMAN MELAWATI in Johor Bahru, Johor recorded 22 subsale transactions in 2023, with a median price of RM 420K and a median price per square foot (PSF) of RM 277.

This area contains both residential and commercial properties. View 49 residential properties or 12 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 420K, with most transactions falling within a stable range of RM 147K to RM 693K, and a typical market range of RM 230K to RM 610K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 277, though individual units vary from RM 206 to RM 348 in the core range. The broader market spans RM 231.00 to RM 323.00, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 71) 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. Moderate transaction volume may require patience when buying or selling.