Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Jalan Bb 4
|
RM 273,000
|
RM 228
|
1,195 sqft
|
|
Terrace |
|
Jalan Bb 6
|
RM 230,000
|
RM 193
|
1,195 sqft
|
|
Terrace |
| 2021 | |||||
|
Jalan Bkt Beruang 6
|
RM 338,000
|
RM 283
|
1,195 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 273,000
RM 228 psfMedian transaction price
Jalan Bukit Baru, Melaka, Malaysia
MapsTaman Bkt Beruang in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, sized between 1,175 and 1,224 sqft, with a median price of RM 273K and a median price per square foot (PSF) of RM 228.
This area contains both residential and commercial properties. View 19 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 273K, with most transactions falling within a stable range of RM 230K to RM 317K, and a typical market range of RM 230K to RM 338K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 228, with core pricing between RM 191 and RM 266. Market pricing typically extends from RM 198.37 to RM 258.62, reflecting moderate variation in unit pricing. The spread of RM 60.25 (IQR) and deviation of RM 37 (MAD) suggest moderate price variations reflecting different property features.
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.