TMN BACANG BARU (JAYAMUDA)

TMN BACANG BARU (JAYAMUDA) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 335.

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 RM 400K, with most transactions falling within a stable range of RM 400K to RM 475K, and a typical market range of RM 400K to RM 439K.

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

The median PSF stands at RM 335, with core pricing between RM 290 and RM 380. Market pricing typically extends from RM 293.13 to RM 376.88, reflecting moderate variation in unit pricing. With an IQR of RM 83.75 and MAD of RM 45, the PSF demonstrates reasonable consistency across the market.

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.