MELODIES GARDEN

MELODIES GARDEN in Johor Bahru, Johor recorded 9 subsale transactions in 2024, with a median price of RM 1.70 million and a median price per square foot (PSF) of RM 638.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.70 million, with most transactions falling within a stable range of RM 825K to RM 2.58 million, and a typical market range of RM 1.11 million to RM 2.29 million.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 638, though individual units vary from RM 481 to RM 795 in the core range. The broader market spans RM 467.63 to RM 808.38, indicating diverse property characteristics. The spread of RM 340.75 (IQR) and deviation of RM 157 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.