Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Bu 2
|
RM 360,000
|
RM 126
|
2,852 sqft
|
|
2-Sty Shop |
|
Jalan Bu 2
|
RM 280,000
|
RM 98
|
2,852 sqft
|
|
2-Sty Shop |
|
Jalan Bu 9
|
RM 410,000
|
RM 291
|
1,410 sqft
|
|
2-Sty Terrace |
|
Level 2
|
RM 70,000
|
RM 102
|
689 sqft
|
|
Condo |
|
Level 1
|
RM 250,000
|
RM 237
|
1,055 sqft
|
|
Shop |
|
Jalan Bu 9
|
RM 390,000
|
RM 277
|
1,410 sqft
|
|
2-Sty Terrace |
|
Jalan Bu 2
|
RM 275,000
|
RM 96
|
2,852 sqft
|
|
2-Sty Shop |
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Market Snapshot
ResidentialRM 390,000
RM 277 psfMedian transaction price
Bachang, Malacca, Malaysia
MapsTaman Bacang Utama in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 126.
This area contains both residential and commercial properties. View 15 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 173K to RM 387K, and a typical market range of RM 156K to RM 404K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 126, though individual units vary from RM 44 to RM 209 in the core range. The broader market spans RM 77.21 to RM 175.21, indicating diverse property characteristics. A wider spread (IQR: RM 98.00) and deviation (MAD: RM 82) indicate significant PSF variations, likely due to diverse property types or conditions.
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.