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 381K to RM 150K, and a typical market range of RM 210K to RM 150K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 246, with core pricing between RM 214 and RM 278. Market pricing typically extends from RM 200.00 to RM 292.00, reflecting moderate variation in unit pricing. With an IQR of RM 92.00 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.
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.
