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.

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

For price per square foot, the median is RM 198, with most transactions between RM 198 and RM 198. The usual range is RM 146.50 to RM 249.50, showing that most units are priced quite close to each other. With an IQR of RM 103.00 and MAD of RM 0, 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. 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

1 transactions grouped by size

1,650 sqft
Shop/Retail Lot
RM 742,000
Level 1
1,645 sqft · RM 451 PSF

No Properties For Sale

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

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