Area Intelligence

PUSAT NIAGA BUKIT BARU

4 properties
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Median Price
RM 890,000
PSF: RM 577

Commercial Market

Median Price

RM 890,000

IQR: RM 50
MAD: RM 40
RM 577 PSF

PSF Trends (2021-2025)

PUSAT NIAGA BUKIT BARU in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 890K and a median price per square foot (PSF) of RM 577.

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 890K, with most transactions falling within a stable range of RM 809K to RM 971K, and a typical market range of RM 802K to RM 978K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 577, with most transactions between RM 537 and RM 616. The usual range is RM 551.63 to RM 601.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.75 and an average deviation (MAD) of RM 40 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. 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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PUSAT NIAGA BUKIT BARU, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

1,550 sqft
3 units 3-Storey Storey Shop
RM 900,000
JLN PNBB 3
1,550 sqft · RM 581.00 PSF
Sep 2022
RM 738,000
JLN PNBB 3
1,539 sqft · RM 479.00 PSF
Jan 2022
RM 880,000
JLN PNBB 3
1,539 sqft · RM 572.00 PSF
Jan 2022
2,100 sqft
1 units 3-Storey Storey Shop
RM 1,380,000
JLN PNBBU 3
2,120 sqft · RM 651.00 PSF
Aug 2022