Area Intelligence

BUKIT BARU BUSINESS CENTRE

3 properties
3-Storey Storey Shop
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Median Price
RM 1,400,000
PSF: RM 719

Commercial Market

Median Price

RM 1,400,000

IQR: RM 247
MAD: RM 82
RM 719 PSF 27.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BUKIT BARU BUSINESS CENTRE in Melaka Tengah, Melaka recorded 3 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.40 million and a median price per square foot (PSF) of RM 719.

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 1.40 million, with most transactions falling within a stable range of RM 1.09 million to RM 1.71 million, and a typical market range of RM 1.18 million to RM 1.62 million.

Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

The median PSF stands at RM 719, with core pricing between RM 591 and RM 847. Market pricing typically extends from RM 595.75 to RM 842.25, reflecting moderate variation in unit pricing. The spread of RM 246.50 (IQR) and deviation of RM 128 (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.

Area Location

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BUKIT BARU BUSINESS CENTRE, Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

1,550 sqft
1 units 3-Storey Storey Shop
RM 980,000
JALAN PPPS 1
1,539 sqft · RM 637.00 PSF
Apr 2024
1,850 sqft
1 units 3-Storey Storey Shop
RM 1,750,000
JALAN PNBBU 1
1,862 sqft · RM 940.00 PSF
Dec 2024
1,950 sqft
1 units 3-Storey Storey Shop
RM 1,400,000
JLN PNBBU 4
1,948 sqft · RM 719.00 PSF
Jun 2022