Area Intelligence

TMN BACANG BARU

27 properties
2022
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Median Price
RM 240,000
PSF: RM 198

Residential Market

Median Price

RM 190,000

IQR: RM 86
MAD: RM 15
RM 159 PSF 15.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 385,000

IQR: RM 129
MAD: RM 54
RM 250 PSF 8.1%

PSF Trends (2021-2025)

TMN BACANG BARU in Melaka Tengah, Melaka recorded 27 subsale transactions in 2022, with a median price of RM 240K and a median price per square foot (PSF) of RM 198.

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 240K, with most transactions falling within a stable range of RM 120K to RM 368K, and a typical market range of RM 150K to RM 331K.

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

Price per square foot shows a median of RM 198, though individual units vary from RM 123 to RM 273 in the core range. The broader market spans RM 146.50 to RM 249.50, indicating diverse property characteristics. A wider spread (IQR: RM 103.00) and deviation (MAD: RM 75) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN BACANG BARU, Melaka Tengah, Melaka

OSM

Transactions

27 properties found

Flat
RM 150,000
1,044 sqft Dec 2022
RM 144.00 PSF
Single Storey Terraced JLN BB 3
RM 354,000
1,195 sqft Nov 2022
RM 296.00 PSF
Double Storey Shop JLN BACANG BARU 1
RM 390,000
1,539 sqft Nov 2022
RM 253.00 PSF
Single Storey Terraced JLN BB 14
RM 270,000
1,292 sqft Oct 2022
RM 209.00 PSF
Flat
RM 150,000
1,044 sqft Oct 2022
RM 144.00 PSF
Low-Cost House JLN BACANG BARU 7
RM 190,000
958 sqft Oct 2022
RM 198.00 PSF
Single Storey Terraced JALAN BACANG BARU 12
RM 358,000
1,195 sqft Sep 2022
RM 300.00 PSF
Flat
RM 150,000
1,044 sqft Sep 2022
RM 144.00 PSF
Single Storey Terraced JLN BB 3
RM 338,000
1,195 sqft Jul 2022
RM 283.00 PSF
Single Storey Terraced JLN BB 10
RM 260,000
1,195 sqft Jul 2022
RM 218.00 PSF
Single Storey Terraced JLN BB 12
RM 230,000
2,486 sqft Jul 2022
RM 93.00 PSF
Single Storey Terraced JLN BB 14
RM 300,000
1,195 sqft Jun 2022
RM 251.00 PSF
Single Storey Terraced JLN BB 15
RM 330,000
1,195 sqft Jun 2022
RM 276.00 PSF
Flat
RM 150,000
1,044 sqft Jun 2022
RM 144.00 PSF
Low-Cost House JLN BB 8
RM 120,000
958 sqft Jun 2022
RM 125.00 PSF
Flat
RM 150,000
1,044 sqft May 2022
RM 144.00 PSF
Single Storey Terraced JLN BB 2
RM 250,000
1,195 sqft Apr 2022
RM 209.00 PSF
Flat
RM 150,000
1,044 sqft Apr 2022
RM 144.00 PSF
Single Storey Terraced JALAN BACANG BARU 12
RM 190,000
1,195 sqft Mar 2022
RM 159.00 PSF
Single Storey Terraced JLN BACANG BARU 1/2
RM 240,000
1,195 sqft Mar 2022
RM 201.00 PSF
Double Storey Shop JALAN BB1
RM 380,000
1,539 sqft Mar 2022
RM 247.00 PSF
Flat
RM 150,000
1,044 sqft Feb 2022
RM 144.00 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
Single Storey Terraced JALAN BACANG BARU 14
RM 338,000
1,313 sqft Jan 2022
RM 257.00 PSF
Flat
RM 150,000
1,044 sqft Jan 2022
RM 144.00 PSF
Flat
RM 150,000
1,044 sqft Jan 2022
RM 144.00 PSF