Melaka
Melaka Tengah
Bachang
TAMAN BACANG UTAMA

TAMAN BACANG UTAMA

Area Intelligence

2023

Median Price

RM 70,000

PSF: RM 102

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Residential PSF Trends

Median Price

RM 70,000

PSF: RM 102

TAMAN BACANG UTAMA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 70K and a median price per square foot (PSF) of RM 102.

This area contains both residential and commercial properties. View 14 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 102, with most transactions between RM 102 and RM 102. The usual range is RM 49.50 to RM 154.50, showing that most units are priced quite close to each other. With an IQR of RM 105.00 and MAD of RM 0, 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 UTAMA, Melaka Tengah, Melaka

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