Johor
Johor Bahru
Pulai
TAMAN MELAWATI

TAMAN MELAWATI

Area Intelligence

2023

Median Price

RM 420,000

PSF: RM 277

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Residential PSF Trends

Median Price

RM 397,500

PSF: RM 269

Commercial PSF Trends

Median Price

RM 570,000

RM 362 PSF

TAMAN MELAWATI in Johor Bahru, Johor recorded 22 subsale transactions in 2023, with a median price of RM 420K and a median price per square foot (PSF) of RM 277.

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.

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

For price per square foot, the median is RM 277, with most transactions between RM 277 and RM 277. The usual range is RM 231.00 to RM 323.00, showing that most units are priced quite close to each other. With an IQR of RM 92.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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. Moderate transaction volume may require patience when buying or selling.

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TAMAN MELAWATI, Johor Bahru, Johor

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