MELIA RESIDENCES

Area Intelligence
2023
Median Price
RM 700,000
PSF: RM 347

Residential PSF Trends

Median Price

RM 700,000

PSF: RM 347

MELIA RESIDENCES in Johor Bahru, Johor recorded 19 subsale transactions in 2023, priced between RM 500K and RM 750K, with a median price of RM 700K and a median price per square foot (PSF) of RM 347.

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 700K, with most transactions falling within a stable range of RM 655K to RM 745K, and a typical market range of RM 641K to RM 745K.

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

For price per square foot, the median is RM 347, with most transactions between RM 319 and RM 376. The usual range is RM 317.03 to RM 377.03, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 28, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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MELIA RESIDENCES, Johor Bahru, Johor

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Property Transactions

19 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 606,000
JALAN ASPIRA 2/16
1,399 sqft · RM 433 PSF
2,050 sqft
Double Storey Terraced
RM 710,000
JALAN TASIK ASPIRA 25
2,034 sqft · RM 349 PSF
RM 700,000
JALAN TASIK ASPIRA 3
2,034 sqft · RM 344 PSF
RM 730,000
JALAN TASIK ASPIRA 3
2,034 sqft · RM 359 PSF
RM 745,000
JALAN TASIK ASPIRA 2
2,034 sqft · RM 366 PSF
RM 700,000
JALAN TASIK ASPIRA
2,034 sqft · RM 344 PSF
RM 718,000
JALAN TASIK ASPIRA 2
2,034 sqft · RM 353 PSF

No Properties For Sale

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

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