TAMAN BACANG BARU

Area Intelligence
Office Lot
Median Price
RM 460,500
PSF: RM 253

Residential PSF Trends

Median Price

RM 150,000

PSF: RM 144

Commercial PSF Trends

Median Price

RM 460,500

RM 253 PSF

TAMAN BACANG BARU in Melaka Tengah, Melaka recorded 4 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 461K and a median price per square foot (PSF) of RM 253.

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 461K, with most transactions falling within a stable range of RM 317K to RM 590K, and a typical market range of RM 370K to RM 551K.

Within the Office Lot category, flats dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 253, though individual units vary from RM 164 to RM 342 in the core range. The broader market spans RM 201.50 to RM 304.50, indicating diverse property characteristics. A wider spread (IQR: RM 103.00) and deviation (MAD: RM 89) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Transactions

4 transactions grouped by size

1,650 sqft
Office Lot
RM 590,000
Level 1
1,645 sqft · RM 359 PSF
1,800 sqft
Office Lot
RM 590,000
Level 1
1,822 sqft · RM 324 PSF
RM 331,000
Level 2
1,822 sqft · RM 182 PSF
1,850 sqft
Office Lot
RM 280,000
Level 3
1,852 sqft · RM 151 PSF

No Properties For Sale

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

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