Jalan Lumba Kuda/Bukit Meldrum

Jalan Bukit Meldrum & Jalan Lumba Kuda, Tanjung Puteri, 80300 Johor Bahru, Johor Darul Ta'zim, Malaysia

Property Transactions

11 subsales grouped by road

Period
transactions middle 50% (P25–P75)
RM2,083,000
3,305 sqft
RM630 PSF · 4-Sty Shop
RM2,250,000
2,895 sqft
RM777 PSF · 4-Sty Shop
RM3,500,000
5,586 sqft
RM627 PSF · 4-Sty Shop
RM3,500,000
5,586 sqft
RM627 PSF · 4-Sty Shop
RM750,000
1,098 sqft
RM683 PSF · 1-Sty Shop
RM1,500,000
2,368 sqft
RM633 PSF
RM1,590,000
2,831 sqft
RM562 PSF
RM1,700,000
1,690 sqft
RM1,006 PSF
RM1,500,000
6,351 sqft
RM236 PSF
RM1,500,000
6,351 sqft
RM236 PSF
RM1,500,000
6,351 sqft
RM236 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM1,590,000

RM952 psf

Median transaction price

Jalan Lumba Kuda/Bukit Meldrum
© OpenStreetMap · CARTO

Jalan Bukit Meldrum & Jalan Lumba Kuda, Tanjung Puteri, 80300 Johor Bahru, Johor Darul Ta'zim, Malaysia

Maps

Jalan Lumba Kuda/Bukit Meldrum in Johor Bahru, Johor recorded 11 subsale transactions between 2021 and 2026, with a median price of RM1.59 million and a median price per square foot (PSF) of RM627.

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 RM1.59 million, with most transactions falling within a stable range of RM1.48 million to RM1.70 million, and a typical market range of RM1.26 million to RM1.92 million.

Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM627, with core pricing between RM518 and RM736. Market pricing typically extends from RM315.51 to RM937.51, reflecting moderate variation in unit pricing. The spread of RM622.00 (IQR) and deviation of RM109 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.