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Jalan Bukit Baru, Melaka, Malaysia
MapsRum Awam Bkt Beruang in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 1,725 and 1,774 sqft, with a median price of RM 190K and a median price per square foot (PSF) of RM 108.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 190K, with most transactions falling within a stable range of RM 135K to RM 245K, and a typical market range of RM 173K to RM 208K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 108, though individual units vary from RM 76 to RM 139 in the core range. The broader market spans RM 76.13 to RM 139.13, indicating diverse property characteristics. A wider spread (IQR: RM 63.00) and deviation (MAD: RM 31) indicate significant PSF variations, likely due to diverse property types or conditions.
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.