TAMAN MELAWATI

Area Intelligence
2023
Median Price
RM 431,000
PSF: RM 260

Residential PSF Trends

Median Price

RM 431,000

PSF: RM 266

Commercial PSF Trends

Median Price

RM 460,000

RM 158 PSF

TAMAN MELAWATI in Johor Bahru, Johor recorded 8 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 431K and a median price per square foot (PSF) of RM 260.

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 431K, with most transactions falling within a stable range of RM 395K to RM 469K, and a typical market range of RM 395K to RM 500K.

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

The median PSF stands at RM 260, with core pricing between RM 209 and RM 311. Market pricing typically extends from RM 214.00 to RM 306.00, reflecting moderate variation in unit pricing. The spread of RM 92.00 (IQR) and deviation of RM 51 (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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Property Transactions

8 transactions grouped by size

1,550 sqft
Single Storey Terraced
RM 442,000
JALAN MELAWATI 6
1,539 sqft · RM 287 PSF
RM 400,000
JALAN MELAWATI 11
1,539 sqft · RM 260 PSF
RM 445,000
JALAN MELAWATI 13
1,539 sqft · RM 289 PSF
RM 395,000
JALAN MELAWATI 8
1,539 sqft · RM 257 PSF
1,600 sqft
Single Storey Terraced
RM 420,000
JALAN MELAWATI 12
1,615 sqft · RM 260 PSF
1,850 sqft
Double Storey Terraced
RM 500,000
JALAN MELAWATI 16
1,841 sqft · RM 272 PSF
2,900 sqft
Double Storey Shop
RM 500,000
JALAN MELAWATI 4
2,917 sqft · RM 171 PSF
RM 420,000
JALAN MELAWATI 4
2,917 sqft · RM 144 PSF

No Properties For Sale

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

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