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Jalan Lumba Kuda/Bukit Meldrum
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM1,590,000
RM952 psfMedian transaction price
Jalan Bukit Meldrum & Jalan Lumba Kuda, Tanjung Puteri, 80300 Johor Bahru, Johor Darul Ta'zim, Malaysia
MapsJalan Lumba Kuda/Bukit Meldrum in Johor Bahru, Johor recorded 0 subsale transactions in 2025, with a median price of RM1.59 million and a median price per square foot (PSF) of RM952.
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 RM952, with core pricing between RM843 and RM1,061. Market pricing typically extends from RM641.00 to RM1,263.00, reflecting moderate variation in unit pricing. With an IQR of RM622.00 and MAD of RM109, the PSF demonstrates reasonable consistency across the market.
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.