BACANG SHOPPING MALL

BACANG SHOPPING MALL in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 945K and a median price per square foot (PSF) of RM 556.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 945K, with most transactions falling within a stable range of RM 800K to RM 1.09 million, and a typical market range of RM 873K to RM 1.02 million.

Most transactions involved 4 - 4 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 556, with core pricing between RM 470 and RM 641. Market pricing typically extends from RM 512.75 to RM 598.25, reflecting moderate variation in unit pricing. The spread of RM 85.50 (IQR) and deviation of RM 86 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.