TAMAN BACANG BARU

Area Intelligence
2023
Median Price
RM 280,000
PSF: RM 150

Residential PSF Trends

Median Price

RM 142,500

PSF: RM 136

Commercial PSF Trends

Median Price

RM 340,000

RM 164 PSF

TAMAN BACANG BARU in Melaka Tengah, Melaka recorded 39 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 150.

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 280K, with most transactions falling within a stable range of RM 135K to RM 442K, and a typical market range of RM 190K to RM 371K.

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

Price per square foot shows a median of RM 150, though individual units vary from RM 63 to RM 237 in the core range. The broader market spans RM 98.33 to RM 201.33, indicating diverse property characteristics. A wider spread (IQR: RM 103.00) and deviation (MAD: RM 87) 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.

Loading map...

TAMAN BACANG BARU, Melaka Tengah, Melaka

OSM

Track location

Property Transactions

10 transactions grouped by road

RM 390,000
2,928 sqft
RM 133 PSF
RM 720,000
1,528 sqft
RM 471 PSF
RM 470,000
1,744 sqft
RM 270 PSF
RM 165,000
958 sqft
RM 172 PSF
RM 400,000
2,734 sqft
RM 146 PSF
RM 195,000
958 sqft
RM 204 PSF
RM 330,000
1,195 sqft
RM 276 PSF
RM 470,000
1,528 sqft
RM 307 PSF
RM 230,000
1,195 sqft
RM 193 PSF
RM 280,000
1,195 sqft
RM 234 PSF

No Properties For Sale

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

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access