Area Intelligence

TMN BACANG BARU

9 properties
Favorite WhatsApp
Median Price
RM 350,000
PSF: RM 213

Residential Market

Median Price

RM 150,000

IQR: RM 86
MAD: RM 15
RM 144 PSF 15.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 350,000

IQR: RM 129
MAD: RM 54
RM 213 PSF 8.1%

PSF Trends (2021-2025)

TMN BACANG BARU in Melaka Tengah, Melaka recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 213.

This area contains both residential and commercial properties. View 70 residential properties or 22 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 265K to RM 520K, and a typical market range of RM 265K to RM 441K.

Most transactions involved flats, with high diversity across multiple property types.

Price per square foot shows a median of RM 213, though individual units vary from RM 110 to RM 316 in the core range. The broader market spans RM 161.50 to RM 264.50, indicating diverse property characteristics. A wider spread (IQR: RM 103.00) and deviation (MAD: RM 103) 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

Loading map...

TMN BACANG BARU, Melaka Tengah, Melaka

OSM

Transactions

9 properties found

Office Lot
RM 590,000
1,645 sqft Jul 2023
RM 359.00 PSF
Shop/Retail Lot
RM 331,000
1,645 sqft Jul 2023
RM 201.00 PSF
Shop/Retail Lot
RM 265,000
1,645 sqft May 2023
RM 161.00 PSF
Shop/Retail Lot
RM 340,000
1,645 sqft Feb 2023
RM 207.00 PSF
Shop/Retail Lot
RM 600,000
1,645 sqft Feb 2023
RM 365.00 PSF
Shop/Retail Lot
RM 350,000
1,645 sqft Feb 2023
RM 213.00 PSF
Shop/Retail Lot
RM 650,000
1,645 sqft Feb 2023
RM 395.00 PSF
Shop/Retail Lot
RM 300,000
1,645 sqft Feb 2022
RM 182.00 PSF
Shop/Retail Lot
RM 742,000
1,645 sqft Feb 2022
RM 451.00 PSF