JLN LUMBA KUDA/BUKIT MELDRUM
Commercial Market
Median Price
RM 750,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
4-Storey Storey Shop
7 properties
Median Price
RM 1,833,250
+44.4% CAGR
Median PSF
RM 1,180.75
+71.4% CAGR
Double Storey Shop
3 properties
Median Price
RM 1,590,000
Median PSF
RM 952.00
Single Storey Shop
1 properties
Median Price
RM 750,000
Median PSF
RM 413.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
4-Storey Storey Shop | 7 |
RM 1,833,250
±333K MAD
|
+44.43% |
RM 1,180.75
±311 MAD
|
+71.44% | |
Double Storey Shop | 3 |
RM 1,590,000
|
- |
RM 952.00
|
- | |
Single Storey Shop | 1 |
RM 750,000
|
- |
RM 413.00
|
- |
JLN LUMBA KUDA/BUKIT MELDRUM in Johor Bahru, Johor recorded 1 subsale transactions in 2022, with a median price of RM 750K and a median price per square foot (PSF) of RM 413.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM 413, with most transactions between RM 413 and RM 413. The usual range is RM 102.00 to RM 724.00, showing that most units are priced quite close to each other. With an IQR of RM 622.00 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN LUMBA KUDA
|
RM 750,000
|
RM 413.00
|
1,816 sqft
|
Jun 2022
|