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 -90,000 to RM 330K, and a typical market range of RM -70,000 to RM 310K.
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 187, though individual units vary from RM 137 to RM 237 in the core range. The broader market spans RM 141.00 to RM 233.00, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 50) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
