Taman Seri Bacang in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM583K and a median price per square foot (PSF) of RM318.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM583K, with most transactions falling within a stable range of RM535K to RM630K, and a typical market range of RM559K to RM606K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM318, with most transactions between RM292 and RM344. The usual range is RM304.83 to RM331.83, showing that most units are priced quite close to each other. A typical spread (IQR) of RM27.00 and an average deviation (MAD) of RM26 indicate a highly stable PSF trend across properties.

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.