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Market Snapshot
CommercialRM 809,000
RM 404 psfMedian transaction price
Jalan Bukit Baru, 75150 Melaka, Malaysia
MapsBukit Baru Business Centre in Melaka Tengah, Melaka recorded 0 subsale transactions between 2021 and 2026, sized between 5,225 and 5,274 sqft, with a median price of RM 809K and a median price per square foot (PSF) of RM 404.
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 809K, with most transactions falling within a stable range of RM 585K to RM 1.03 million, and a typical market range of RM 593K to RM 1.03 million.
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 404, though individual units vary from RM 322 to RM 486 in the core range. The broader market spans RM 280.75 to RM 527.25, indicating diverse property characteristics. The spread of RM 246.50 (IQR) and deviation of RM 82 (MAD) suggest moderate price variations reflecting different property features.
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.