| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bukit Meldrum
|
RM 1,700,000
|
RM 1,006
|
1,690 sqft
|
|
|
Jalan Bukit Meldrum
|
RM 1,500,000
|
RM 633
|
2,368 sqft
|
|
|
Jalan Bukit Meldrum
|
RM 1,590,000
|
RM 562
|
2,831 sqft
|
|
|
Jalan Lumba Kuda
|
RM 3,500,000
|
RM 627
|
5,586 sqft
|
|
|
|
Jalan Lumba Kuda
|
RM 3,500,000
|
RM 627
|
5,586 sqft
|
|
|
Jalan Lepas
|
RM 1,500,000
|
RM 236
|
6,351 sqft
|
|
|
|
Jalan Lepas
|
RM 1,500,000
|
RM 236
|
6,351 sqft
|
|
|
|
Jalan Lepas
|
RM 1,500,000
|
RM 236
|
6,351 sqft
|
|
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Market Snapshot
CommercialRM 1,545,000
RM 594 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 8 subsale transactions in 2023, with a median price of RM 1.55 million and a median price per square foot (PSF) of RM 594.
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 1.55 million, with most transactions falling within a stable range of RM 1.50 million to RM 2.39 million, and a typical market range of RM 1.50 million to RM 1.88 million.
Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 594, though individual units vary from RM 340 to RM 848 in the core range. The broader market spans RM 283.09 to RM 905.09, indicating diverse property characteristics. A wider spread (IQR: RM 622.00) and deviation (MAD: RM 254) indicate significant PSF variations, likely due to diverse property types or conditions.
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.