TAMAN MELAWATI

Area Intelligence
2023
Median Price
RM 135,000
PSF: RM 206

Residential PSF Trends

Median Price

RM 135,000

PSF: RM 206

Commercial PSF Trends

Median Price

RM 420,000

RM 273 PSF

TAMAN MELAWATI in Johor Bahru, Johor recorded 8 subsale transactions in 2023, with a median price of RM 135K and a median price per square foot (PSF) of RM 206.

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 135K, with most transactions falling within a stable range of RM 120K to RM 150K, and a typical market range of RM 120K to RM 160K.

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 206, though individual units vary from RM 153 to RM 258 in the core range. The broader market spans RM 159.50 to RM 251.50, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 52) 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.

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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 130,000
Level 4
506 sqft · RM 257 PSF
RM 150,000
Level 4
506 sqft · RM 297 PSF
RM 140,000
Level 2
505 sqft · RM 277 PSF
750 sqft
RM 150,000
Level 4
753 sqft · RM 199 PSF
RM 160,000
Level 2
753 sqft · RM 212 PSF
RM 120,000
Level 5
753 sqft · RM 159 PSF
RM 120,000
Level 2
753 sqft · RM 159 PSF
RM 120,000
Level 4
753 sqft · RM 159 PSF

No Properties For Sale

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

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