TAMAN MELAWATI

Area Intelligence
2024
Median Price
RM 450,000
PSF: RM 272

Residential PSF Trends

Median Price

RM 440,000

PSF: RM 269

Commercial PSF Trends

Median Price

RM 700,000

RM 455 PSF

TAMAN MELAWATI in Johor Bahru, Johor recorded 13 subsale transactions in 2024, with a median price of RM 450K and a median price per square foot (PSF) of RM 272.

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 450K, with most transactions falling within a stable range of RM 296K to RM 495K, and a typical market range of RM 260K to RM 495K.

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

The median PSF stands at RM 272, with core pricing between RM 229 and RM 315. Market pricing typically extends from RM 226.00 to RM 318.00, reflecting moderate variation in unit pricing. The spread of RM 92.00 (IQR) and deviation of RM 43 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MELAWATI, Johor Bahru, Johor

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Transactions

4 transactions grouped by size

1,550 sqft
RM 630,000
JALAN MELAWATI 9
1,539 sqft · RM 409 PSF
RM 700,000
JALAN MELAWATI 2
1,539 sqft · RM 455 PSF
RM 550,000
JALAN MELAWATI 9
1,539 sqft · RM 357 PSF
2,450 sqft
Double Storey Terraced
RM 650,000
JALAN MELAWATI 9
2,454 sqft · RM 265 PSF

No Properties For Sale

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

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