TAMAN BACANG JAYA in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 191.
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 160K, with most transactions falling within a stable range of RM 148K to RM 173K, and a typical market range of RM 148K to RM 172K.
Most transactions involved condominium/apartment, with moderate diversity in property types available.
For price per square foot, the median is RM 191, with most transactions between RM 176 and RM 206. The usual range is RM 176.75 to RM 205.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.50 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.
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.
