PUSAT NIAGA BUKIT BARU

PUSAT NIAGA BUKIT BARU in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, 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 738K to RM 1.13 million, 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.

The median PSF stands at RM 577, with core pricing between RM 515 and RM 638. Market pricing typically extends from RM 551.63 to RM 601.38, reflecting moderate variation in unit pricing. With an IQR of RM 49.75 and MAD of RM 61, the PSF demonstrates reasonable consistency across the market.

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.