Melaka
Melaka Tengah
Bachang
TAMAN BACANG UTAMA

TAMAN BACANG UTAMA

Area Intelligence

2022

Median Price

RM 372,500

PSF: RM 266

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Residential PSF Trends

Median Price

RM 372,500

PSF: RM 266

TAMAN BACANG UTAMA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 373K and a median price per square foot (PSF) of RM 266.

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 373K, with most transactions falling within a stable range of RM 360K to RM 385K, and a typical market range of RM 360K to RM 385K.

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 266, with most transactions between RM 257 and RM 275. The usual range is RM 213.50 to RM 318.50, showing that most units are priced quite close to each other. With an IQR of RM 105.00 and MAD of RM 9, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BACANG UTAMA, Melaka Tengah, Melaka

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