PUSAT NIAGA BUKIT BARU in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2025, 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 809K to RM 971K, and a typical market range of RM 802K to RM 978K.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 180, though individual units vary from RM 141 to RM 220 in the core range. The broader market spans RM 155.27 to RM 205.02, indicating diverse property characteristics. The spread of RM 49.75 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.