Melaka
Melaka Tengah
Bachang
TAMAN BACANG JAYA

TAMAN BACANG JAYA

Area Intelligence

2024

Median Price

RM 145,000

PSF: RM 173

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Residential PSF Trends

Median Price

RM 145,000

PSF: RM 173

TAMAN BACANG JAYA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 145K and a median price per square foot (PSF) of RM 173.

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 145K, with most transactions falling within a stable range of RM 136K to RM 154K, and a typical market range of RM 134K to RM 155K.

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

For price per square foot, the median is RM 173, with most transactions between RM 163 and RM 183. The usual range is RM 158.75 to RM 187.25, 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 10 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.

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TAMAN BACANG JAYA, Melaka Tengah, Melaka

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