TAMAN MELAWATI

Area Intelligence
2023
Median Price
RM 420,000
PSF: RM 277

Residential PSF Trends

Median Price

RM 397,500

PSF: RM 269

Commercial PSF Trends

Median Price

RM 570,000

RM 362 PSF

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 500K to RM 499K, and a typical market range of RM 500K to RM 610K.

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

The median PSF stands at RM 277, with core pricing between RM 232 and RM 322. Market pricing typically extends from RM 231.00 to RM 323.00, reflecting moderate variation in unit pricing. The spread of RM 92.00 (IQR) and deviation of RM 45 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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TAMAN MELAWATI, Johor Bahru, Johor

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Transactions

8 transactions grouped by size

500 sqft
Low-Cost Flat
RM 130,000
Level 4
506 sqft · RM 257 PSF
RM 150,000
Level 4
506 sqft · RM 297 PSF
RM 140,000
Level 2
505 sqft · RM 277 PSF
750 sqft
RM 150,000
Level 4
753 sqft · RM 199 PSF
RM 160,000
Level 2
753 sqft · RM 212 PSF
RM 120,000
Level 5
753 sqft · RM 159 PSF
RM 120,000
Level 2
753 sqft · RM 159 PSF
RM 120,000
Level 4
753 sqft · RM 159 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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