| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Lumba Kuda
|
RM 750,000
|
RM 683
|
1,098 sqft
|
|
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Market Snapshot
CommercialRM 750,000
RM 683 psfMedian transaction price
Jalan Bukit Meldrum & Jalan Lumba Kuda, Tanjung Puteri, 80300 Johor Bahru, Johor Darul Ta'zim, Malaysia
MapsJalan Lumba Kuda/Bukit Meldrum in Johor Bahru, Johor recorded 1 subsale transactions in 2022, with a median price of RM 750K and a median price per square foot (PSF) of RM 683.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM 683, with most transactions between RM 683 and RM 683. The usual range is RM 372.11 to RM 994.11, showing that most units are priced quite close to each other. With an IQR of RM 622.00 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.