Melaka
Melaka Tengah
Bachang
TAMAN BACANG BARU

TAMAN BACANG BARU

Area Intelligence

2021

Median Price

RM 150,000

PSF: RM 144

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 150,000

PSF: RM 144

Commercial PSF Trends

Median Price

RM 345,000

RM 204 PSF

TAMAN BACANG BARU in Melaka Tengah, Melaka recorded 15 subsale transactions in 2021, with a median price of RM 150K and a median price per square foot (PSF) of RM 144.

This area contains both residential and commercial properties. View 70 residential properties or 22 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 150K, with most transactions falling within a stable range of RM 150K to RM 214K, and a typical market range of RM 150K to RM 241K.

Most transactions involved flats, with high diversity across multiple property types.

Price per square foot shows a median of RM 144, though individual units vary from RM 62 to RM 225 in the core range. The broader market spans RM 92.16 to RM 195.16, indicating diverse property characteristics. A wider spread (IQR: RM 103.00) and deviation (MAD: RM 81) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

TAMAN BACANG BARU, Melaka Tengah, Melaka

OSM