TAMAN BACANG UTAMA

TAMAN BACANG UTAMA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 390K and a median price per square foot (PSF) of RM 277.

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. The median price is RM 390K, with most transactions falling within a stable range of RM 369K to RM 410K, and a typical market range of RM 360K to RM 410K.

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 277, though individual units vary from RM 202 to RM 351 in the core range. The broader market spans RM 224.08 to RM 329.08, indicating diverse property characteristics. A wider spread (IQR: RM 105.00) and deviation (MAD: RM 74) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.