TAMAN MELAWATI in Johor Bahru, Johor recorded 3 subsale transactions in 2021, with a median price of RM 120K and a median price per square foot (PSF) of RM 187.
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 120K, with most transactions falling within a stable range of RM 108K to RM 120K, and a typical market range of RM 95K to RM 120K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 187, with core pricing between RM 165 and RM 209. Market pricing typically extends from RM 141.00 to RM 233.00, reflecting moderate variation in unit pricing. With an IQR of RM 92.00 and MAD of RM 22, 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. Limited transaction history suggests carefully evaluating comparable sales data.
