TAMAN MELAWATI

Area Intelligence
2022
Median Price
RM 122,500
PSF: RM 199

Residential PSF Trends

Median Price

RM 122,500

PSF: RM 199

Commercial PSF Trends

Median Price

RM 130,000

RM 233 PSF

TAMAN MELAWATI in Johor Bahru, Johor recorded 8 subsale transactions in 2022, with a median price of RM 123K and a median price per square foot (PSF) of RM 199.

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 123K, with most transactions falling within a stable range of RM 104K to RM 141K, and a typical market range of RM 100K 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 199, with core pricing between RM 167 and RM 231. Market pricing typically extends from RM 153.00 to RM 245.00, reflecting moderate variation in unit pricing. The spread of RM 92.00 (IQR) and deviation of RM 32 (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

8 transactions grouped by size

500 sqft
Low-Cost Flat
RM 125,000
Level 4
506 sqft · RM 247 PSF
RM 115,000
Level 5
506 sqft · RM 227 PSF
RM 100,000
Level 5
506 sqft · RM 198 PSF
550 sqft
Shop/Retail Lot
RM 150,000
Level 1
560 sqft · RM 268 PSF
RM 110,000
Level 1
560 sqft · RM 197 PSF
750 sqft
RM 150,000
Level 3
753 sqft · RM 199 PSF
RM 150,000
Level 3
753 sqft · RM 199 PSF
RM 120,000
Level 5
753 sqft · RM 159 PSF

No Properties For Sale

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

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