TAMAN BUKIT BARU PERMATA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 960K and a median price per square foot (PSF) of RM 295.
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 960K, with most transactions falling within a stable range of RM 950K to RM 970K, and a typical market range of RM 952K to RM 968K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.
For price per square foot, the median is RM 295, with most transactions between RM 292 and RM 298. The usual range is RM 283.50 to RM 306.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.00 and an average deviation (MAD) of RM 3 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.