Area Intelligence

SKY HABITAT @ MELDRUM HILL

6 properties
2022
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Median Price
RM 120,000
PSF: RM 155

Residential Market

Median Price

RM 675,000

RM 531 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 120,000

IQR: RM 82
MAD: RM 35
RM 153 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SKY HABITAT @ MELDRUM HILL in Johor Bahru, Johor recorded 6 subsale transactions in 2022, with a median price of RM 120K and a median price per square foot (PSF) of RM 155.

This area contains both residential and commercial properties. View 1 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 120K, with most transactions falling within a stable range of RM 107K to RM 328K, and a typical market range of RM 113K to RM 127K.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 155, though individual units vary from RM 0 to RM 310 in the core range. The broader market spans RM 112.13 to RM 197.88, indicating diverse property characteristics. A wider spread (IQR: RM 85.75) and deviation (MAD: RM 155) 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.

Area Location

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SKY HABITAT @ MELDRUM HILL, Johor Bahru, Johor

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Transactions

6 properties found

Service Apartment
RM 675,000
1,270 sqft Dec 2022
RM 531.00 PSF
3-Storey Storey Shop JLN JELATANG 1
RM 107,000
681 sqft Nov 2022
RM 157.00 PSF
3-Storey Storey Shop JLN JELATANG 1
RM 120,000
1,604 sqft Nov 2022
RM 75.00 PSF
Shop/Retail Lot
RM 110,000
721 sqft Aug 2022
RM 153.00 PSF
3-Storey Storey Shop JLN JELATANG 4
RM 120,000
1,604 sqft Jul 2022
RM 75.00 PSF
Shop/Retail Lot
RM 128,000
681 sqft Jul 2022
RM 188.00 PSF