TMN MELOR -TR 488

TMN MELOR -TR 488 in Tangkak, Johor recorded 3 subsale transactions in 2022, with a median price of RM 120K and a median price per square foot (PSF) of RM 125.

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 120K, with most transactions falling within a stable range of RM 116K to RM 124K, and a typical market range of RM 115K to RM 125K.

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

The median PSF stands at RM 125, with core pricing between RM 101 and RM 149. Market pricing typically extends from RM 49.63 to RM 200.38, reflecting moderate variation in unit pricing. The spread of RM 150.75 (IQR) and deviation of RM 24 (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.