Jalan Lumba Kuda/Bukit Meldrum

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

Property Transactions

2 subsales grouped by size

Median
RM2,166,500
PSF
RM704
Price Size
Period
transactions middle 50% (P25–P75)
2,900 sqft
4-Sty Shop
RM2,250,000
Jalan Lumba Kuda
2,895 sqft · RM777 PSF
3,300 sqft
4-Sty Shop
RM2,083,000
Jalan Lumba Kuda
3,305 sqft · RM630 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM2,166,500

RM704 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 2 subsale transactions in 2024, with a median price of RM2.17 million and a median price per square foot (PSF) of RM704.

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 RM2.17 million, with most transactions falling within a stable range of RM2.08 million to RM2.25 million, and a typical market range of RM2.08 million to RM2.25 million.

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

The median PSF stands at RM704, with core pricing between RM630 and RM777. Market pricing typically extends from RM392.71 to RM1,014.71, reflecting moderate variation in unit pricing. With an IQR of RM622.00 and MAD of RM73, 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.