Melaka
Melaka Tengah
Bachang
TAMAN BACANG BARU

TAMAN BACANG BARU

Area Intelligence

2021

Median Price

RM 332,500

PSF: RM 374

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Residential PSF Trends

Median Price

RM 332,500

PSF: RM 374

Commercial PSF Trends

Median Price

RM 345,000

RM 204 PSF

TAMAN BACANG BARU in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, priced between RM 300K and RM 500K, with a median price of RM 333K and a median price per square foot (PSF) of RM 374.

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 333K, with most transactions falling within a stable range of RM 325K to RM 340K, and a typical market range of RM 325K to RM 340K.

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

The median PSF stands at RM 374, with core pricing between RM 310 and RM 438. Market pricing typically extends from RM 322.13 to RM 425.13, reflecting moderate variation in unit pricing. The spread of RM 103.00 (IQR) and deviation of RM 64 (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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