TAMAN MELAWATI

Area Intelligence
2023
Median Price
RM 420,000
PSF: RM 277

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. The median price is RM 420K, with most transactions falling within a stable range of RM 500K to RM 499K, and a typical market range of RM 500K to RM 610K.

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

The median PSF stands at RM 277, with core pricing between RM 232 and RM 322. Market pricing typically extends from RM 231.00 to RM 323.00, reflecting moderate variation in unit pricing. The spread of RM 92.00 (IQR) and deviation of RM 45 (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. 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 525,000
JALAN MELAWATI 9
1,539 sqft · RM 341 PSF
RM 595,000
JALAN MELAWATI 8
1,539 sqft · RM 387 PSF
RM 500,000
JALAN MELAWATI 4
1,550 sqft · RM 323 PSF
RM 500,000
JALAN MELAWATI 16
1,539 sqft · RM 325 PSF
RM 640,000
JALAN MELAWATI 2
1,539 sqft · RM 416 PSF
2,300 sqft
Double Storey Terraced
RM 700,000
JALAN MELAWATI 16
2,314 sqft · RM 302 PSF
2,450 sqft
Double Storey Terraced
RM 680,000
JALAN MELAWATI 1
2,454 sqft · RM 277 PSF

No Properties For Sale

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

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