TAMAN BACANG UTAMA

Area Intelligence
4 subsale transactions
2022
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Median Price
RM 225,000
PSF: RM 194

Residential PSF Trends

Median Price

RM 225,000

PSF: RM 194

Commercial PSF Trends

Median Price

RM 277,500

RM 212 PSF

TAMAN BACANG UTAMA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 225K and a median price per square foot (PSF) of RM 194.

This area contains both residential and commercial properties. View 13 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 225K, with most transactions falling within a stable range of RM 90K to RM 367K, and a typical market range of RM 160K to RM 290K.

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 194, though individual units vary from RM 126 to RM 262 in the core range. The broader market spans RM 150.00 to RM 238.00, indicating diverse property characteristics. A wider spread (IQR: RM 88.00) and deviation (MAD: RM 68) 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.

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TAMAN BACANG UTAMA, Melaka Tengah, Melaka

OSM

Transactions

4 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
700 sqft
Condo/Apartment
RM 90,000
Level 4
689 sqft · RM 131.00 PSF
Jun 2022
RM 90,000
Level 4
689 sqft · RM 131.00 PSF
May 2022
1,400 sqft
Double Storey Terraced
RM 385,000
JALAN BU 6
1,399 sqft · RM 275.00 PSF
Jun 2022
RM 360,000
JALAN BU 10
1,399 sqft · RM 257.00 PSF
Mar 2022