MELIA RESIDENCES

Area Intelligence
2023
Median Price
RM 719,000
PSF: RM 433

Residential PSF Trends

Median Price

RM 719,000

PSF: RM 433

MELIA RESIDENCES in Johor Bahru, Johor recorded 28 subsale transactions in 2023, with a median price of RM 719K and a median price per square foot (PSF) of RM 433.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 719K, with most transactions falling within a stable range of RM 1.17 million to RM 851K, and a typical market range of RM 1.17 million to RM 778K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 433, with most transactions between RM 411 and RM 455. The usual range is RM 403.00 to RM 463.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.

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MELIA RESIDENCES, Johor Bahru, Johor

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Transactions

3 transactions grouped by size

2,400 sqft
Double Storey Terraced
RM 1,171,000
JALAN TASIK ASPIRA 1
2,400 sqft · RM 488 PSF
3,100 sqft
Double Storey Terraced
RM 1,479,000
JALAN TASIK ASPIRA 1
3,078 sqft · RM 480 PSF
3,250 sqft
Double Storey Terraced
RM 1,412,000
JALAN TASIK ASPIRA 3
3,229 sqft · RM 437 PSF

No Properties For Sale

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

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