TAMAN MELAWATI

Area Intelligence
2024
Median Price
RM 155,000
PSF: RM 247

Residential PSF Trends

Median Price

RM 155,000

PSF: RM 247

Commercial PSF Trends

Median Price

RM 420,000

RM 273 PSF

TAMAN MELAWATI in Johor Bahru, Johor recorded 5 subsale transactions in 2024, with a median price of RM 155K and a median price per square foot (PSF) of RM 247.

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 155K, with most transactions falling within a stable range of RM 132K to RM 178K, and a typical market range of RM 125K to RM 188K.

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

The median PSF stands at RM 247, with core pricing between RM 203 and RM 291. Market pricing typically extends from RM 201.00 to RM 293.00, reflecting moderate variation in unit pricing. The spread of RM 92.00 (IQR) and deviation of RM 44 (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

5 transactions grouped by size

500 sqft
Low-Cost Flat
RM 155,000
Level 3
506 sqft · RM 306 PSF
RM 125,000
Level 5
506 sqft · RM 247 PSF
750 sqft
Low-Cost Flat
RM 188,000
Level 3
753 sqft · RM 250 PSF
RM 160,000
Level 4
753 sqft · RM 212 PSF
RM 130,000
Level 5
753 sqft · RM 173 PSF

No Properties For Sale

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

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