Area Intelligence

TMN BACANG UTAMA

3 properties
2024
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Median Price
RM 335,000
PSF: RM 239

Residential Market

Median Price

RM 335,000

IQR: RM 144
MAD: RM 36
RM 239 PSF 4.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 277,500

IQR: RM 52
MAD: RM 27
RM 212 PSF

PSF Trends (2021-2025)

TMN BACANG UTAMA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 335K and a median price per square foot (PSF) of RM 239.

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 335K, with most transactions falling within a stable range of RM 190K to RM 375K, and a typical market range of RM 270K to RM 375K.

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 239, though individual units vary from RM 152 to RM 326 in the core range. The broader market spans RM 195.00 to RM 283.00, indicating diverse property characteristics. A wider spread (IQR: RM 88.00) and deviation (MAD: RM 87) 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.

Area Location

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TMN BACANG UTAMA, Melaka Tengah, Melaka

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Transactions

3 properties found

Low-Cost Flat
RM 49,000
689 sqft Jul 2024
RM 71.00 PSF
Double Storey Terraced JLN BU 5
RM 335,000
1,399 sqft May 2024
RM 239.00 PSF
Double Storey Terraced JLN BU 7
RM 375,000
1,399 sqft Mar 2024
RM 268.00 PSF