TAMAN MELOR UTAMA - (TR488) in Tangkak, Johor recorded 0 subsale transactions in 2022, with a median price of RM 409K and a median price per square foot (PSF) of RM 254.
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 409K, with most transactions falling within a stable range of RM 130K to RM 688K, and a typical market range of RM 270K to RM 549K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 254, though individual units vary from RM 90 to RM 418 in the core range. The broader market spans RM 172.00 to RM 336.00, indicating diverse property characteristics. A wider spread (IQR: RM 164.00) and deviation (MAD: RM 164) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
