JALAN LUMBA KUDA/BUKIT MELDRUM

Area Intelligence
11 subsale transactions
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Median Price
RM 1,590,000
PSF: RM 952

Commercial PSF Trends

Median Price

RM 1,590,000

RM 952 PSF

JALAN LUMBA KUDA/BUKIT MELDRUM in Johor Bahru, Johor recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 1.59 million and a median price per square foot (PSF) of RM 952.

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 1.59 million, with most transactions falling within a stable range of RM 1.48 million to RM 1.70 million, and a typical market range of RM 1.26 million to RM 1.92 million.

Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 952, with core pricing between RM 843 and RM 1,061. Market pricing typically extends from RM 641.00 to RM 1,263.00, reflecting moderate variation in unit pricing. With an IQR of RM 622.00 and MAD of RM 109, 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.

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JALAN LUMBA KUDA/BUKIT MELDRUM, Johor Bahru, Johor

OSM

Transactions

11 transactions grouped by size

1,400 sqft
4-Storey Shop
RM 2,083,000
JALAN LUMBA KUDA
1,397 sqft · RM 1,491.00 PSF
Mar 2024
1,450 sqft
4-Storey Shop
RM 3,500,000
JALAN LUMBA KUDA
1,436 sqft · RM 2,437.00 PSF
Aug 2023
RM 3,500,000
JALAN LUMBA KUDA
1,437 sqft · RM 2,436.00 PSF
Aug 2023
1,500 sqft
4-Storey Shop
RM 2,250,000
JALAN LUMBA KUDA
1,508 sqft · RM 1,492.00 PSF
Mar 2024
1,600 sqft
Double Storey Shop
RM 1,700,000
JALAN BUKIT MELDRUM
1,603 sqft · RM 1,061.00 PSF
Mar 2023
1,650 sqft
Double Storey Shop
RM 1,590,000
JALAN BUKIT MELDRUM
1,671 sqft · RM 952.00 PSF
May 2023
1,700 sqft
4-Storey Shop
RM 1,500,000
JALAN LEPAS
1,724 sqft · RM 870.00 PSF
Aug 2023
RM 1,500,000
JALAN LEPAS
1,725 sqft · RM 870.00 PSF
Aug 2023
1,750 sqft
RM 1,500,000
Double Storey Shop JALAN BUKIT MELDRUM
1,728 sqft · RM 868.00 PSF
Aug 2023
RM 1,500,000
4-Storey Shop JALAN LEPAS
1,727 sqft · RM 869.00 PSF
Aug 2023
1,800 sqft
Single Storey Shop
RM 750,000
JALAN LUMBA KUDA
1,816 sqft · RM 413.00 PSF
Jun 2022