TAMAN MELAWATI

Area Intelligence
2022
Median Price
RM 400,000
PSF: RM 246

Residential PSF Trends

Median Price

RM 415,000

PSF: RM 235

Commercial PSF Trends

Median Price

RM 400,000

RM 268 PSF

TAMAN MELAWATI in Johor Bahru, Johor recorded 21 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 246.

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 400K, with most transactions falling within a stable range of RM 500K to RM 438K, and a typical market range of RM 500K to RM 590K.

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 246, though individual units vary from RM 182 to RM 311 in the core range. The broader market spans RM 200.00 to RM 292.00, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 65) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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TAMAN MELAWATI, Johor Bahru, Johor

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Transactions

7 transactions grouped by size

1,550 sqft
RM 520,000
JALAN MELAWATI 16
1,539 sqft · RM 338 PSF
RM 560,000
JALAN MELAWATI 2
1,539 sqft · RM 364 PSF
RM 500,000
JALAN MELAWATI 9
1,539 sqft · RM 325 PSF
2,250 sqft
Double Storey Terraced
RM 590,000
JALAN MELAWATI 16
2,239 sqft · RM 264 PSF
RM 550,000
JALAN MELAWATI 16
2,239 sqft · RM 246 PSF
2,850 sqft
Double Storey Terraced
RM 620,000
JALAN. MELAWATI 9
2,852 sqft · RM 217 PSF
3,050 sqft
Single Storey Terraced
RM 530,000
JALAN MELAWATI 12
3,055 sqft · RM 173 PSF

No Properties For Sale

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

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