BUKIT BARU BUSINESS CENTRE

BUKIT BARU BUSINESS CENTRE in Melaka Tengah, Melaka recorded 6 subsale transactions in 2022, with a median price of RM 716K and a median price per square foot (PSF) of RM 346.

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 989K, 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 346, though individual units vary from RM 205 to RM 486 in the core range. The broader market spans RM 222.25 to RM 468.75, indicating diverse property characteristics. A wider spread (IQR: RM 246.50) and deviation (MAD: RM 140) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.