TAMAN BACANG BARU

Area Intelligence
2024
Median Price
RM 280,000
PSF: RM 219

Residential PSF Trends

Median Price

RM 265,000

PSF: RM 214

Commercial PSF Trends

Median Price

RM 450,000

RM 292 PSF

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 216K to RM 300K, and a typical market range of RM 190K to RM 300K.

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

Price per square foot shows a median of RM 219, though individual units vary from RM 173 to RM 265 in the core range. The broader market spans RM 167.50 to RM 270.50, indicating diverse property characteristics. The spread of RM 103.00 (IQR) and deviation of RM 46 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BACANG BARU, Melaka Tengah, Melaka

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Transactions

7 transactions grouped by size

950 sqft
Low-Cost House
RM 210,000
JALAN BACANG BARU 1/6
958 sqft · RM 219 PSF
RM 120,000
JALAN BACANG BARU 7
958 sqft · RM 125 PSF
1,050 sqft
Flat
RM 135,000
Level 4
1,044 sqft · RM 129 PSF
1,200 sqft
Single Storey Terraced
RM 280,000
JALAN BB 10
1,195 sqft · RM 234 PSF
RM 250,000
JALAN BB 13
1,195 sqft · RM 209 PSF
RM 230,000
JALAN BB 15
1,195 sqft · RM 193 PSF
RM 300,000
JALAN BB 2
1,195 sqft · RM 251 PSF

No Properties For Sale

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

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