TAMAN BACANG BARU

Area Intelligence
2022
Median Price
RM 240,000
PSF: RM 198

Residential PSF Trends

Median Price

RM 190,000

PSF: RM 159

Commercial PSF Trends

Median Price

RM 385,000

RM 250 PSF

TAMAN BACANG BARU in Melaka Tengah, Melaka recorded 27 subsale transactions in 2022, with a median price of RM 240K and a median price per square foot (PSF) of RM 198.

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 240K, with most transactions falling within a stable range of RM 300K to RM 270K, and a typical market range of RM 300K to RM 331K.

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

The median PSF stands at RM 198, with core pricing between RM 165 and RM 231. Market pricing typically extends from RM 146.50 to RM 249.50, reflecting moderate variation in unit pricing. The spread of RM 103.00 (IQR) and deviation of RM 33 (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

9 transactions grouped by size

1,200 sqft
Single Storey Terraced
RM 354,000
JALAN BB 3
1,195 sqft · RM 296 PSF
RM 358,000
JALAN BACANG BARU 12
1,195 sqft · RM 300 PSF
RM 338,000
JALAN BB 3
1,195 sqft · RM 283 PSF
RM 300,000
JALAN BB 14
1,195 sqft · RM 251 PSF
RM 330,000
JALAN BB 15
1,195 sqft · RM 276 PSF
1,300 sqft
Single Storey Terraced
RM 338,000
JALAN BACANG BARU 14
1,313 sqft · RM 257 PSF
1,550 sqft
Double Storey Shop
RM 390,000
JALAN BACANG BARU 1
1,539 sqft · RM 253 PSF
RM 380,000
JALAN BB1
1,539 sqft · RM 247 PSF
1,650 sqft
Shop/Retail Lot
RM 300,000
Level 1
1,645 sqft · RM 182 PSF

No Properties For Sale

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

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