| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Lumba Kuda
|
RM 2,250,000
|
RM 777
|
2,895 sqft
|
|
|
Jalan Lumba Kuda
|
RM 2,083,000
|
RM 630
|
3,305 sqft
|
|
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Market Snapshot
CommercialRM 2,166,500
RM 704 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 2 subsale transactions in 2024, with a median price of RM 2.17 million and a median price per square foot (PSF) of RM 704.
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 2.17 million, with most transactions falling within a stable range of RM 2.08 million to RM 2.25 million, and a typical market range of RM 2.08 million to RM 2.25 million.
Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 704, with core pricing between RM 630 and RM 777. Market pricing typically extends from RM 392.71 to RM 1,014.71, reflecting moderate variation in unit pricing. With an IQR of RM 622.00 and MAD of RM 73, 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.