Jalan Lumba Kuda/Bukit Meldrum

Jalan Bukit Meldrum & Jalan Lumba Kuda, Tanjung Puteri, 80300 Johor Bahru, Johor Darul Ta'zim, Malaysia

Property Transactions

4 subsales grouped by size · 4-Sty Shop →

Median
RM 2,875,000
PSF
RM 628
Price Size
2,900 sqft
4-Sty Shop
RM 2,250,000
Jalan Lumba Kuda
2,895 sqft · RM 777 PSF
3,300 sqft
4-Sty Shop
RM 2,083,000
Jalan Lumba Kuda
3,305 sqft · RM 630 PSF
5,600 sqft
4-Sty Shop
RM 3,500,000
Jalan Lumba Kuda
5,586 sqft · RM 627 PSF
RM 3,500,000
Jalan Lumba Kuda
5,586 sqft · RM 627 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 2,875,000

RM 628 psf

Median transaction price

Jalan Lumba Kuda/Bukit Meldrum
© OpenStreetMap · CARTO

Jalan Bukit Meldrum & Jalan Lumba Kuda, Tanjung Puteri, 80300 Johor Bahru, Johor Darul Ta'zim, Malaysia

Maps

Jalan Lumba Kuda/Bukit Meldrum in Johor Bahru, Johor recorded 4 subsale transactions between 2021 and 2026, priced from RM 2.00 million and above, with a median price of RM 2.88 million and a median price per square foot (PSF) of RM 628.

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 2.88 million, with most transactions falling within a stable range of RM 2.21 million to RM 3.50 million, and a typical market range of RM 2.54 million to RM 3.21 million.

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

The median PSF stands at RM 628, with core pricing between RM 564 and RM 693. Market pricing typically extends from RM 317.43 to RM 939.43, reflecting moderate variation in unit pricing. With an IQR of RM 622.00 and MAD of RM 65, 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. Limited transaction history suggests carefully evaluating comparable sales data.