Area Intelligence

MELIA RESIDENCES

28 properties
2023
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Median Price
RM 719,000
PSF: RM 433

Residential Market

Median Price

RM 719,000

IQR: RM 61
MAD: RM 27
RM 433 PSF 5.3%

PSF Trends (2021-2025)

MELIA RESIDENCES in Johor Bahru, Johor recorded 28 subsale transactions in 2023, with a median price of RM 719K and a median price per square foot (PSF) of RM 433.

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 719K, with most transactions falling within a stable range of RM 570K to RM 930K, and a typical market range of RM 659K to RM 779K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 433, with core pricing between RM 373 and RM 493. Market pricing typically extends from RM 402.63 to RM 463.38, reflecting moderate variation in unit pricing. With an IQR of RM 60.75 and MAD of RM 60, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.

Area Location

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MELIA RESIDENCES, Johor Bahru, Johor

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Transactions

28 properties grouped by size

1,400 sqft
3 units Double Storey Terraced
RM 606,000
JLN ASPIRA 2/16
1,399 sqft · RM 433.00 PSF
Jul 2023
RM 606,000
JLN ASPIRA 2/16
1,399 sqft · RM 433.00 PSF
Apr 2023
RM 706,000
JLN ASPIRA 2/19
1,399 sqft · RM 505.00 PSF
Mar 2023
1,550 sqft
1 units Double Storey Terraced
RM 782,000
JLN ASPIRA 2/19
1,539 sqft · RM 508.00 PSF
Jan 2023
1,650 sqft
16 units (showing 6) Double Storey Terraced
RM 710,000
JLN TASIK ASPIRA 25
1,647 sqft · RM 431.00 PSF
Nov 2023
RM 755,000
JLN TASIK ASPIRA 3
1,647 sqft · RM 458.00 PSF
Sep 2023
RM 700,000
JLN TASIK ASPIRA
1,647 sqft · RM 425.00 PSF
Aug 2023
RM 745,000
JLN TASIK ASPIRA 2
1,647 sqft · RM 452.00 PSF
Aug 2023
RM 730,000
JLN TASIK ASPIRA 3
1,647 sqft · RM 443.00 PSF
Aug 2023
RM 728,000
JLN TASEK ASPIRA
1,647 sqft · RM 442.00 PSF
Jul 2023
1,800 sqft
1 units Double Storey Terraced
RM 800,000
JLN TASIK ASPIRA 22
1,798 sqft · RM 445.00 PSF
Sep 2023
2,400 sqft
3 units Double Storey Terraced
RM 700,000
JLN TASIK ASPIRA 3
2,400 sqft · RM 292.00 PSF
Aug 2023
RM 800,000
JLN TASIK ASPIRA
2,400 sqft · RM 333.00 PSF
May 2023
RM 1,171,000
JLN TASIK ASPIRA 1
2,400 sqft · RM 488.00 PSF
Mar 2023
2,850 sqft
1 units Double Storey Terraced
RM 810,000
JLN TASIK ASPIRA 4
2,852 sqft · RM 284.00 PSF
Aug 2023
3,100 sqft
1 units Double Storey Terraced
RM 1,479,000
JLN TASIK ASPIRA 1
3,078 sqft · RM 480.00 PSF
Mar 2023
3,250 sqft
1 units Double Storey Terraced
RM 1,412,000
JLN TASIK ASPIRA 3
3,229 sqft · RM 437.00 PSF
Mar 2023
3,350 sqft
1 units Double Storey Terraced
RM 900,000
JLN TASIK ASPIRA
3,337 sqft · RM 270.00 PSF
Mar 2023