Melaka
Melaka Tengah
Bdr Bkt Baru
PUSAT NIAGA BUKIT BARU

PUSAT NIAGA BUKIT BARU

Area Intelligence

2022

Median Price

RM 890,000

PSF: RM 180

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PUSAT NIAGA BUKIT BARU in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 890K and a median price per square foot (PSF) of RM 180.

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 890K, with most transactions falling within a stable range of RM 880K to RM 900K, and a typical market range of RM 880K to RM 900K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 180, with most transactions between RM 178 and RM 182. The usual range is RM 155.27 to RM 205.02, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.75 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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PUSAT NIAGA BUKIT BARU, Melaka Tengah, Melaka

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