TAMAN BACANG BARU

Area Intelligence
2023
Median Price
RM 600,000
PSF: RM 365

Residential PSF Trends

Median Price

RM 720,000

PSF: RM 471

Commercial PSF Trends

Median Price

RM 595,000

RM 362 PSF

TAMAN BACANG BARU in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, priced between RM 500K and RM 750K, with a median price of RM 600K and a median price per square foot (PSF) of RM 365.

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 600K, with most transactions falling within a stable range of RM 590K to RM 650K, and a typical market range of RM 590K to RM 691K.

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

The median PSF stands at RM 365, with core pricing between RM 315 and RM 414. Market pricing typically extends from RM 313.25 to RM 416.25, reflecting moderate variation in unit pricing. With an IQR of RM 103.00 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BACANG BARU, Melaka Tengah, Melaka

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Property Transactions

5 transactions grouped by size

1,550 sqft
Double Storey Terraced
RM 720,000
JALAN BB 1/11
1,528 sqft · RM 471 PSF
1,650 sqft
RM 590,000
Level 1
1,645 sqft · RM 359 PSF
RM 600,000
Level 1
1,645 sqft · RM 365 PSF
RM 650,000
Level 1
1,645 sqft · RM 395 PSF
1,800 sqft
Office Lot
RM 590,000
Level 1
1,822 sqft · RM 324 PSF

No Properties For Sale

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

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