Area Intelligence

BUKIT BARU BUSINESS CENTRE

8 properties
Double Storey Shop
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Median Price
RM 715,500
PSF: RM 365

Commercial Market

Median Price

RM 715,500

IQR: RM 247
MAD: RM 82
RM 365 PSF 27.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BUKIT BARU BUSINESS CENTRE in Melaka Tengah, Melaka recorded 8 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 716K and a median price per square foot (PSF) of RM 365.

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 716K, with most transactions falling within a stable range of RM 539K to RM 932K, and a typical market range of RM 539K to RM 932K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 365, though individual units vary from RM 289 to RM 441 in the core range. The broader market spans RM 241.75 to RM 488.25, indicating diverse property characteristics. The spread of RM 246.50 (IQR) and deviation of RM 76 (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.

Area Location

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BUKIT BARU BUSINESS CENTRE, Melaka Tengah, Melaka

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Transactions

8 properties grouped by size

1,550 sqft
2 units Double Storey Shop
RM 539,000
JLN PNBBU 4
1,539 sqft · RM 350.00 PSF
Apr 2022
RM 585,000
JLN PNBB 3
1,539 sqft · RM 380.00 PSF
Aug 2021
2,000 sqft
1 units Double Storey Shop
RM 809,000
JLN PNBBU 3
2,002 sqft · RM 404.00 PSF
Apr 2022
2,050 sqft
1 units Double Storey Shop
RM 1,131,000
JLN PNBBU 3
2,067 sqft · RM 547.00 PSF
Jan 2023
2,100 sqft
1 units Double Storey Shop
RM 708,000
JLN PNBBU 3
2,077 sqft · RM 341.00 PSF
Mar 2022
2,150 sqft
1 units Double Storey Shop
RM 713,000
JLN PNBBU 3
2,153 sqft · RM 331.00 PSF
Mar 2022
2,250 sqft
1 units Double Storey Shop
RM 718,000
JLN PNBBU 3
2,228 sqft · RM 322.00 PSF
Apr 2022
2,400 sqft
1 units Double Storey Shop
RM 1,156,000
JLN PNBBU 3
2,379 sqft · RM 486.00 PSF
Jan 2023