TAMAN MELATI 2

TAMAN MELATI 2 in Muar, Johor recorded 5 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 138.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 480K, with most transactions falling within a stable range of RM 429K to RM 500K, and a typical market range of RM 458K to RM 500K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 138, with core pricing between RM 123 and RM 153. Market pricing typically extends from RM 130.63 to RM 145.38, reflecting moderate variation in unit pricing. With an IQR of RM 14.75 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.