BUKIT BARU BUSINESS CENTRE
Commercial Market
Median Price
RM 585,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
4-Storey Storey Shop
3 properties
Median Price
RM 642,500
+2.4% CAGR
Median PSF
RM 291.75
-12.1% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 750,000
Median PSF
RM 450.00
Shop/Retail Lot
1 properties
Median Price
RM 85,000
Median PSF
RM 165.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
4-Storey Storey Shop | 3 |
RM 642,500
±8K MAD
|
+2.36% |
RM 291.75
±19 MAD
|
-12.08% | |
3-Storey Storey Shop | 1 |
RM 750,000
|
- |
RM 450.00
|
- | |
Shop/Retail Lot | 1 |
RM 85,000
|
- |
RM 165.00
|
- |
BUKIT BARU BUSINESS CENTRE in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 585K and a median price per square foot (PSF) of RM 380.
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 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 380, with most transactions between RM 380 and RM 380. The usual range is RM 256.75 to RM 503.25, showing that most units are priced quite close to each other. With an IQR of RM 246.50 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. Some price volatility exists, making thorough market research essential before transacting. 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 PNBB 3
|
RM 585,000
|
RM 380.00
|
1,539 sqft
|
Aug 2021
|