Melaka
Melaka Tengah
Bachang
TAMAN BACANG BARU

TAMAN BACANG BARU

Area Intelligence

2022

Median Price

RM 230,000

PSF: RM 93

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Residential PSF Trends

Median Price

RM 230,000

PSF: RM 93

Commercial PSF Trends

Median Price

RM 345,000

RM 204 PSF

TAMAN BACANG BARU in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 230K and a median price per square foot (PSF) of RM 93.

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 93, with most transactions between RM 93 and RM 93. The usual range is RM 41.50 to RM 144.50, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BACANG BARU, Melaka Tengah, Melaka

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