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Jalan Meldrum, Bandar Johor Bahru, 80888 IIBD, Johor Darul Ta'zim, Malaysia
MapsMerlin Tower in Johor Bahru, Johor recorded 1 subsale transactions in 2023, with a median price of RM 288K and a median price per square foot (PSF) of RM 1,070.
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 office lot, with moderate diversity in property types available.
For price per square foot, the median is RM 1,070, with most transactions between RM 1,070 and RM 1,070. The usual range is RM 909.73 to RM 1,230.73, showing that most units are priced quite close to each other. With an IQR of RM 321.00 and MAD of RM 0, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.