TAMAN MELOR -TR 488 in Tangkak, Johor recorded 2 subsale transactions in 2023, with a median price of RM 590K and a median price per square foot (PSF) of RM 194.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 590K, with most transactions falling within a stable range of RM 405K to RM 775K, and a typical market range of RM 396K to RM 784K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 194, though individual units vary from RM 151 to RM 238 in the core range. The broader market spans RM 118.63 to RM 269.38, indicating diverse property characteristics. The spread of RM 150.75 (IQR) and deviation of RM 44 (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.
