TAMAN BACANG UTAMA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 272.
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 380K, with most transactions falling within a stable range of RM 300K to RM 462K, and a typical market range of RM 300K to RM 497K.
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 272, though individual units vary from RM 213 to RM 331 in the core range. The broader market spans RM 219.50 to RM 324.50, indicating diverse property characteristics. The spread of RM 105.00 (IQR) and deviation of RM 59 (MAD) suggest moderate price variations reflecting different property features.
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.
