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 grouped by size

1,400 sqft
1 units 4-Storey Storey Shop
RM 2,083,000
JLN LUMBA KUDA
1,397 sqft · RM 1,491.00 PSF
Mar 2024
1,450 sqft
2 units 4-Storey Storey Shop
RM 3,500,000
JLN LUMBA KUDA
1,436 sqft · RM 2,437.00 PSF
Aug 2023
RM 3,500,000
JLN LUMBA KUDA
1,437 sqft · RM 2,436.00 PSF
Aug 2023
1,500 sqft
1 units 4-Storey Storey Shop
RM 2,250,000
JLN LUMBA KUDA
1,508 sqft · RM 1,492.00 PSF
Mar 2024
1,600 sqft
1 units Double Storey Shop
RM 1,700,000
JLN BUKIT MELDRUM
1,603 sqft · RM 1,061.00 PSF
Mar 2023
1,650 sqft
1 units Double Storey Shop
RM 1,590,000
JLN BUKIT MELDRUM
1,671 sqft · RM 952.00 PSF
May 2023
1,700 sqft
2 units 4-Storey Storey Shop
RM 1,500,000
JLN LEPAS
1,724 sqft · RM 870.00 PSF
Aug 2023
RM 1,500,000
JLN LEPAS
1,725 sqft · RM 870.00 PSF
Aug 2023
1,750 sqft
2 units
RM 1,500,000
Double Storey Shop JLN BUKIT MELDRUM
1,728 sqft · RM 868.00 PSF
Aug 2023
RM 1,500,000
4-Storey Storey Shop JLN LEPAS
1,727 sqft · RM 869.00 PSF
Aug 2023
1,800 sqft
1 units Single Storey Shop
RM 750,000
JLN LUMBA KUDA
1,816 sqft · RM 413.00 PSF
Jun 2022