TAMAN BUKIT BARU INDAH

TAMAN BUKIT BARU INDAH in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 353K and a median price per square foot (PSF) of RM 193.

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 353K, with most transactions falling within a stable range of RM 329K to RM 408K, and a typical market range of RM 329K to RM 408K.

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

The median PSF stands at RM 193, with core pricing between RM 162 and RM 224. Market pricing typically extends from RM 170.88 to RM 215.13, reflecting moderate variation in unit pricing. The spread of RM 44.25 (IQR) and deviation of RM 31 (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.