TAMAN BACANG BARU

Area Intelligence
2022
Median Price
RM 240,000
PSF: RM 159

Residential PSF Trends

Median Price

RM 190,000

PSF: RM 159

Commercial PSF Trends

Median Price

RM 385,000

RM 158 PSF

TAMAN BACANG BARU in Melaka Tengah, Melaka recorded 27 subsale transactions in 2022, with a median price of RM 240K and a median price per square foot (PSF) of RM 159.

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 240K, with most transactions falling within a stable range of RM 120K to RM 368K, and a typical market range of RM 150K to RM 331K.

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

Price per square foot shows a median of RM 159, though individual units vary from RM 83 to RM 235 in the core range. The broader market spans RM 107.52 to RM 210.52, indicating diverse property characteristics. A wider spread (IQR: RM 103.00) and deviation (MAD: RM 76) 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. Moderate transaction volume may require patience when buying or selling.

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TAMAN BACANG BARU, Melaka Tengah, Melaka

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Property Transactions

16 transactions grouped by road

RM 354,000
1,195 sqft
RM 296 PSF
RM 338,000
1,195 sqft
RM 283 PSF
RM 270,000
1,292 sqft
RM 209 PSF
RM 300,000
1,195 sqft
RM 251 PSF
RM 358,000
1,195 sqft
RM 300 PSF
RM 190,000
1,195 sqft
RM 159 PSF
RM 390,000
2,928 sqft
RM 133 PSF
RM 190,000
958 sqft
RM 198 PSF
RM 260,000
1,195 sqft
RM 218 PSF
RM 230,000
2,486 sqft
RM 93 PSF
RM 330,000
1,195 sqft
RM 276 PSF
RM 120,000
958 sqft
RM 125 PSF
RM 250,000
1,195 sqft
RM 209 PSF
RM 240,000
1,195 sqft
RM 201 PSF
RM 380,000
2,928 sqft
RM 130 PSF
RM 338,000
1,313 sqft
RM 257 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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