TAMAN MELAWATI

TAMAN MELAWATI in Johor Bahru, Johor recorded 13 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 500K and a median price per square foot (PSF) of RM 272.

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 396K to RM 604K, and a typical market range of RM 395K to RM 690K.

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 272, though individual units vary from RM 200 to RM 343 in the core range. The broader market spans RM 225.65 to RM 317.65, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 72) 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.