Melaka
Melaka Tengah
Bachang
TAMAN BACANG JAYA

TAMAN BACANG JAYA

Area Intelligence

2022

Median Price

RM 120,000

PSF: RM 143

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Residential PSF Trends

Median Price

RM 120,000

PSF: RM 143

TAMAN BACANG JAYA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 120K and a median price per square foot (PSF) of RM 143.

This area contains both residential and commercial properties. View 13 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 120K, with most transactions falling within a stable range of RM 118K to RM 135K, and a typical market range of RM 118K to RM 132K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

The median PSF stands at RM 143, with core pricing between RM 126 and RM 160. Market pricing typically extends from RM 128.75 to RM 157.25, reflecting moderate variation in unit pricing. With an IQR of RM 28.50 and MAD of RM 17, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BACANG JAYA, Melaka Tengah, Melaka

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