LIST

Melaka, Melaka Tengah, Bachang

TAMAN MGBM

Area Intelligence
Median Price
RM 384,000
PSF: RM 179
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Residential PSF Trends

Median Price

RM 275,000

PSF: RM 179

Commercial PSF Trends

Median Price

RM 480,000

RM 303 PSF

TAMAN MGBM in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 384K and a median price per square foot (PSF) of RM 179.

This area contains both residential and commercial properties. View 2 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 384K, with most transactions falling within a stable range of RM 321K to RM 448K, and a typical market range of RM 325K to RM 443K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 179, though individual units vary from RM 127 to RM 230 in the core range. The broader market spans RM 118.50 to RM 238.50, indicating diverse property characteristics. A wider spread (IQR: RM 120.00) and deviation (MAD: RM 52) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MGBM, Melaka Tengah, Melaka

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Transactions

4 transactions grouped by size

View Type

Grouped View Individual View
1,550 sqft
Single Storey Terraced
RM 353,000
JALAN KUNDANG
1,539 sqft · RM 229 PSF
RM 197,000
JALAN KUNDANG
1,539 sqft · RM 128 PSF
1,600 sqft
Double Storey Shop
RM 480,000
JALAN MANGGA 1
1,582 sqft · RM 303 PSF
3,300 sqft
Single Storey Semi-D
RM 415,000
JALAN KUNDANG
3,283 sqft · RM 126 PSF

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