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Jalan Meldrum, Bandar Johor Bahru, 80888 IIBD, Johor Darul Ta'zim, Malaysia
MapsMerlin Tower in Johor Bahru, Johor recorded 0 subsale transactions in 2021, with a median price of RM 232K and a median price per square foot (PSF) of RM 749.
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 232K, with most transactions falling within a stable range of RM 175K to RM 288K, and a typical market range of RM 203K to RM 260K.
Most transactions involved office lot, with moderate diversity in property types available.
Price per square foot shows a median of RM 749, though individual units vary from RM 428 to RM 1,070 in the core range. The broader market spans RM 588.50 to RM 909.50, indicating diverse property characteristics. A wider spread (IQR: RM 321.00) and deviation (MAD: RM 321) indicate significant PSF variations, likely due to diverse property types or conditions.
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.