JLN LUMBA KUDA/BUKIT MELDRUM

JLN 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 1,492.

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.

For price per square foot, the median is RM 1,492, with most transactions between RM 1,491 and RM 1,492. The usual range is RM 1,180.50 to RM 1,802.50, showing that most units are priced quite close to each other. With an IQR of RM 622.00 and MAD of RM 1, 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.