TAMAN BACANG BARU

Area Intelligence
2023
Median Price
RM 280,000
PSF: RM 151

Residential PSF Trends

Median Price

RM 142,500

PSF: RM 137

Commercial PSF Trends

Median Price

RM 340,000

RM 182 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 151.

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 221K to RM 280K, and a typical market range of RM 190K to RM 280K.

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

The median PSF stands at RM 151, with core pricing between RM 122 and RM 180. Market pricing typically extends from RM 99.50 to RM 202.50, reflecting moderate variation in unit pricing. The spread of RM 103.00 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

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TAMAN BACANG BARU, Melaka Tengah, Melaka

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Transactions

22 transactions grouped by size

950 sqft
Low-Cost House
RM 165,000
JALAN BACANG BARU 1/3
958 sqft · RM 172 PSF
RM 195,000
JALAN BACHANG BARU 6
958 sqft · RM 204 PSF
1,050 sqft
Flat
RM 135,000
Level 4
1,044 sqft · RM 129 PSF
RM 135,000
Level 4
1,044 sqft · RM 129 PSF
RM 135,000
Level 3
1,044 sqft · RM 129 PSF
RM 135,000
Level 4
1,044 sqft · RM 129 PSF
RM 135,000
Level 4
1,044 sqft · RM 129 PSF
RM 135,000
Level 3
1,044 sqft · RM 129 PSF
1,200 sqft
Single Storey Terraced
RM 230,000
JALAN BACANG BARU 1/2
1,195 sqft · RM 193 PSF
RM 280,000
JALAN BB 10
1,195 sqft · RM 234 PSF
1,650 sqft
Shop/Retail Lot
RM 265,000
Level 2
1,645 sqft · RM 161 PSF
1,850 sqft
RM 280,000
Level 3
1,852 sqft · RM 151 PSF
RM 260,000
Level 3
1,852 sqft · RM 140 PSF
2,100 sqft
Shop/Retail Lot
RM 280,000
Level 3
2,076 sqft · RM 135 PSF
RM 260,000
Level 3
2,076 sqft · RM 125 PSF

No Properties For Sale

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

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