MELODIES GARDEN
Commercial Market
Median Price
RM 1,430,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
9 properties
Median Price
RM 1,344,750
+12.6% CAGR
Median PSF
RM 826.00
+17.1% CAGR
Single Storey Shop
5 properties
Median Price
RM 1,810,000
+107.9% CAGR
Median PSF
RM 511.25
+14.6% CAGR
3-Storey Storey Shop
2 properties
Median Price
RM 2,900,000
Median PSF
RM 600.00
Double Storey Semi-D
1 properties
Median Price
RM 900,000
Median PSF
RM 110.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 9 |
RM 1,344,750
±90K MAD
|
+12.64% |
RM 826.00
±52 MAD
|
+17.09% | |
Single Storey Shop | 5 |
RM 1,810,000
±1,130K MAD
|
+107.93% |
RM 511.25
±69 MAD
|
+14.60% | |
3-Storey Storey Shop | 2 |
RM 2,900,000
|
- |
RM 600.00
|
- | |
Double Storey Semi-D | 1 |
RM 900,000
|
- |
RM 110.00
|
- |
MELODIES GARDEN in Johor Bahru, Johor recorded 1 subsale transactions in 2023, with a median price of RM 1.43 million and a median price per square foot (PSF) of RM 852.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM 852, with most transactions between RM 852 and RM 852. The usual range is RM 681.63 to RM 1,022.38, showing that most units are priced quite close to each other. With an IQR of RM 340.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.
Filter by type, year, price, and size
Transactions
1 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Shop |
JLN MERANTI MERAH
|
RM 1,430,000
|
RM 852.00
|
1,679 sqft
|
Aug 2023
|