|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Pnbbu 3
|
RM 1,131,000
|
RM 389
|
2,906 sqft
|
|
2-Sty Shop |
|
Jalan Pnbbu 3
|
RM 1,156,000
|
RM 398
|
2,906 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Jalan Pnbbu 3
|
RM 809,000
|
RM 278
|
2,906 sqft
|
|
2-Sty Shop |
|
Jalan Pnbbu 3
|
RM 718,000
|
RM 247
|
2,906 sqft
|
|
2-Sty Shop |
|
Jalan Pnbbu 4
|
RM 539,000
|
RM 185
|
2,906 sqft
|
|
2-Sty Shop |
|
Jalan Pnbbu 3
|
RM 708,000
|
RM 244
|
2,906 sqft
|
|
2-Sty Shop |
|
Jalan Pnbbu 3
|
RM 713,000
|
RM 245
|
2,906 sqft
|
|
2-Sty Shop |
| 2021 | |||||
|
Jalan Pnbb 3
|
RM 585,000
|
RM 201
|
2,906 sqft
|
|
2-Sty Shop |
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Market Snapshot
CommercialRM 715,500
RM 246 psfMedian transaction price
Jalan Bukit Baru, 75150 Melaka, Malaysia
MapsBukit Baru Business Centre in Melaka Tengah, Melaka recorded 8 subsale transactions between 2021 and 2026, sized between 1,000 and 3,000 sqft, with a median price of RM 716K and a median price per square foot (PSF) of RM 246.
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 716K, with most transactions falling within a stable range of RM 539K to RM 932K, and a typical market range of RM 539K to RM 932K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 246, though individual units vary from RM 172 to RM 321 in the core range. The broader market spans RM 122.94 to RM 369.44, indicating diverse property characteristics. A wider spread (IQR: RM 246.50) and deviation (MAD: RM 74) indicate significant PSF variations, likely due to diverse property types or conditions.
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.