TAMAN MELAWATI in Johor Bahru, Johor recorded 21 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 246.
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 400K, with most transactions falling within a stable range of RM 190K to RM 610K, and a typical market range of RM 210K to RM 590K.
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 246, though individual units vary from RM 196 to RM 296 in the core range. The broader market spans RM 200.00 to RM 292.00, indicating diverse property characteristics. The spread of RM 92.00 (IQR) and deviation of RM 50 (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.
