TAMAN MELAWATI

TAMAN MELAWATI in Johor Bahru, Johor recorded 7 subsale transactions in 2022, priced between RM 500K and RM 1.00 million, with a median price of RM 550K and a median price per square foot (PSF) of RM 283.

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 550K, with most transactions falling within a stable range of RM 512K to RM 588K, and a typical market range of RM 500K to RM 620K.

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 283, though individual units vary from RM 210 to RM 355 in the core range. The broader market spans RM 236.51 to RM 328.51, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 73) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.