Area Intelligence

JLN LUMBA KUDA/BUKIT MELDRUM

11 properties
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Median Price
RM 1,590,000
PSF: RM 952

Commercial Market

Median Price

RM 1,590,000

IQR: RM 622
MAD: RM 109
RM 952 PSF 90.0%

PSF Trends (2021-2025)

JLN LUMBA KUDA/BUKIT MELDRUM in Johor Bahru, Johor recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 1.59 million and a median price per square foot (PSF) of RM 952.

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 RM 1.59 million, with most transactions falling within a stable range of RM 1.48 million to RM 1.70 million, and a typical market range of RM 1.26 million to RM 1.92 million.

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

The median PSF stands at RM 952, with core pricing between RM 843 and RM 1,061. Market pricing typically extends from RM 641.00 to RM 1,263.00, reflecting moderate variation in unit pricing. With an IQR of RM 622.00 and MAD of RM 109, 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.

Area Location

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JLN LUMBA KUDA/BUKIT MELDRUM, Johor Bahru, Johor

OSM

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Transactions

11 properties found

4-Storey Storey Shop JLN LUMBA KUDA
RM 2,083,000
1,397 sqft Mar 2024
RM 1,491.00 PSF
4-Storey Storey Shop JLN LUMBA KUDA
RM 2,250,000
1,508 sqft Mar 2024
RM 1,492.00 PSF
Double Storey Shop JLN BUKIT MELDRUM
RM 1,500,000
1,728 sqft Aug 2023
RM 868.00 PSF
4-Storey Storey Shop JLN LEPAS
RM 1,500,000
1,724 sqft Aug 2023
RM 870.00 PSF
4-Storey Storey Shop JLN LEPAS
RM 1,500,000
1,725 sqft Aug 2023
RM 870.00 PSF
4-Storey Storey Shop JLN LEPAS
RM 1,500,000
1,727 sqft Aug 2023
RM 869.00 PSF
4-Storey Storey Shop JLN LUMBA KUDA
RM 3,500,000
1,436 sqft Aug 2023
RM 2,437.00 PSF
4-Storey Storey Shop JLN LUMBA KUDA
RM 3,500,000
1,437 sqft Aug 2023
RM 2,436.00 PSF
Double Storey Shop JLN BUKIT MELDRUM
RM 1,590,000
1,671 sqft May 2023
RM 952.00 PSF
Double Storey Shop JLN BUKIT MELDRUM
RM 1,700,000
1,603 sqft Mar 2023
RM 1,061.00 PSF
Single Storey Shop JLN LUMBA KUDA
RM 750,000
1,816 sqft Jun 2022
RM 413.00 PSF