TAMAN MELOR

Area Intelligence
3 subsale transactions
2021
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Median Price
RM 75,000
PSF: RM 151

Residential PSF Trends

Median Price

RM 75,000

PSF: RM 151

Commercial PSF Trends

Median Price

RM 85,000

RM 343 PSF

TAMAN MELOR in Johor Bahru, Johor recorded 3 subsale transactions in 2021, with a median price of RM 75K and a median price per square foot (PSF) of RM 151.

This area contains both residential and commercial properties. View 28 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 75K, with most transactions falling within a stable range of RM 65K to RM 132K, and a typical market range of RM 65K to RM 99K.

Most transactions involved low-cost flat, with minimal variety in property types.

Price per square foot shows a median of RM 151, though individual units vary from RM 120 to RM 182 in the core range. The broader market spans RM 105.50 to RM 196.50, indicating diverse property characteristics. The spread of RM 91.00 (IQR) and deviation of RM 31 (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 MELOR, Johor Bahru, Johor

OSM

Transactions

3 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
500 sqft
Low-Cost Flat
RM 75,000
Level 2
495 sqft · RM 151.00 PSF
Dec 2021
RM 65,000
Level 4
495 sqft · RM 131.00 PSF
Aug 2021
950 sqft
Condo/Apartment
RM 190,000
Level 3
926 sqft · RM 205.00 PSF
Nov 2021