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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 2024, with a median price of RM 175K and a median price per square foot (PSF) of RM 428.
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 428, with most transactions between RM 428 and RM 428. The usual range is RM 267.34 to RM 588.34, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.