TMN MELOR

TMN MELOR in Johor Bahru, Johor recorded 4 subsale transactions in 2023, with a median price of RM 113K and a median price per square foot (PSF) of RM 283.

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 113K, with most transactions falling within a stable range of RM 85K to RM 140K, and a typical market range of RM 89K to RM 136K.

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

The median PSF stands at RM 283, with core pricing between RM 228 and RM 337. Market pricing typically extends from RM 237.00 to RM 328.00, reflecting moderate variation in unit pricing. The spread of RM 91.00 (IQR) and deviation of RM 55 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.