TAMAN BACANG BARU

Area Intelligence
2021
Median Price
RM 150,000
PSF: RM 144

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 177K, and a typical market range of RM 150K to RM 241K.

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

The median PSF stands at RM 144, with core pricing between RM 127 and RM 161. Market pricing typically extends from RM 92.50 to RM 195.50, reflecting moderate variation in unit pricing. With an IQR of RM 103.00 and MAD of RM 17, 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.

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TAMAN BACANG BARU, Melaka Tengah, Melaka

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Transactions

13 transactions grouped by size

1,000 sqft
Double Storey Terraced
RM 150,000
JALAN BACANG BARU 1/3
990 sqft · RM 151 PSF
1,050 sqft
Flat
RM 150,000
Level 1
1,044 sqft · RM 144 PSF
RM 150,000
Level 2
1,044 sqft · RM 144 PSF
RM 150,000
Level 1
1,044 sqft · RM 144 PSF
RM 150,000
Level 2
1,044 sqft · RM 144 PSF
RM 150,000
Level 1
1,044 sqft · RM 144 PSF
RM 150,000
Level 4
1,044 sqft · RM 144 PSF
1,200 sqft
Single Storey Terraced
RM 250,000
JALAN BB 4
1,195 sqft · RM 209 PSF

No Properties For Sale

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

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