Area Intelligence

JLN LUMBA KUDA/BUKIT MELDRUM

1 properties
2022
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Median Price
RM 750,000
PSF: RM 413

Commercial Market

Median Price

RM 750,000

IQR: RM 622
MAD: RM 109
RM 413 PSF 90.0%

PSF Trends (2021-2025)

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.

Area Location

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JLN LUMBA KUDA/BUKIT MELDRUM, Johor Bahru, Johor

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Transactions

1 properties grouped by size

1,800 sqft
1 units Single Storey Shop
RM 750,000
JLN LUMBA KUDA
1,816 sqft · RM 413.00 PSF
Jun 2022