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 143K to RM 170K, and a typical market range of RM 148K to RM 170K.
Most transactions involved condominium/apartment, with moderate diversity in property types available.
The median PSF stands at RM 191, with core pricing between RM 170 and RM 212. Market pricing typically extends from RM 176.75 to RM 205.25, reflecting moderate variation in unit pricing. With an IQR of RM 28.50 and MAD of RM 21, 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.
