Area Intelligence

TMN BACANG BARU

36 properties
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Median Price
RM 150,000
PSF: RM 144

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 345,000

IQR: RM 129
MAD: RM 54
RM 204 PSF 8.1%

PSF Trends (2021-2025)

TMN BACANG BARU in Melaka Tengah, Melaka recorded 36 subsale transactions between 2021 and 2025, with a median price of RM 150K and a median price per square foot (PSF) of RM 144.

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 150K, with most transactions falling within a stable range of RM 135K to RM 194K, and a typical market range of RM 135K to RM 241K.

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

Price per square foot shows a median of RM 144, though individual units vary from RM 106 to RM 182 in the core range. The broader market spans RM 92.50 to RM 195.50, indicating diverse property characteristics. A wider spread (IQR: RM 103.00) and deviation (MAD: RM 38) 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

36 properties grouped by size

1,050 sqft
34 units (showing 6) Flat
RM 135,000
1,044 sqft · RM 129.00 PSF
Mar 2024
RM 135,000
1,044 sqft · RM 129.00 PSF
Dec 2023
RM 135,000
1,044 sqft · RM 129.00 PSF
Oct 2023
RM 135,000
1,044 sqft · RM 129.00 PSF
Oct 2023
RM 135,000
1,044 sqft · RM 129.00 PSF
Jul 2023
RM 135,000
1,044 sqft · RM 129.00 PSF
Jun 2023
1,100 sqft
2 units
RM 325,000
Double Storey Terraced JLN BB 2
1,098 sqft · RM 296.00 PSF
Dec 2021
RM 340,000
Single Storey Terraced JLN BACHANG BARU 15
1,098 sqft · RM 310.00 PSF
Dec 2021