TAMAN MELAWATI

TAMAN MELAWATI in Johor Bahru, Johor recorded 13 subsale transactions in 2022, priced between RM 300K and RM 750K, with a median price of RM 500K and a median price per square foot (PSF) of RM 266.

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 500K, with most transactions falling within a stable range of RM 419K to RM 581K, and a typical market range of RM 350K 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 266, though individual units vary from RM 197 to RM 336 in the core range. The broader market spans RM 220.21 to RM 312.21, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 69) 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.