TAMAN BACANG BARU in Melaka Tengah, Melaka recorded 11 subsale transactions in 2024, with a median price of RM 280K and a median price per square foot (PSF) of RM 219.
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 180K to RM 380K, and a typical market range of RM 190K to RM 371K.
Most transactions involved flats, with high diversity across multiple property types.
The median PSF stands at RM 219, with core pricing between RM 189 and RM 249. Market pricing typically extends from RM 167.50 to RM 270.50, reflecting moderate variation in unit pricing. With an IQR of RM 103.00 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.
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.
