Area Intelligence

TMN BACANG BARU

4 properties
Double Storey Shop
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Median Price
RM 390,000
PSF: RM 253

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 390,000

IQR: RM 129
MAD: RM 54
RM 253 PSF 8.1%

PSF Trends (2021-2025)

TMN BACANG BARU in Melaka Tengah, Melaka recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 390K and a median price per square foot (PSF) of RM 253.

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 390K, with most transactions falling within a stable range of RM 380K to RM 418K, and a typical market range of RM 380K to RM 450K.

Within the Double Storey Shop category, flats dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 253, with most transactions between RM 235 and RM 271. The usual range is RM 201.50 to RM 304.50, showing that most units are priced quite close to each other. With an IQR of RM 103.00 and MAD of RM 18, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN BACANG BARU, Melaka Tengah, Melaka

OSM

Transactions

4 properties grouped by size

1,550 sqft
4 units Double Storey Shop
RM 450,000
JALAN BB1
1,539 sqft · RM 292.00 PSF
May 2024
RM 390,000
JLN BACANG BARU 1
1,539 sqft · RM 253.00 PSF
Nov 2023
RM 390,000
JLN BACANG BARU 1
1,539 sqft · RM 253.00 PSF
Nov 2022
RM 380,000
JALAN BB1
1,539 sqft · RM 247.00 PSF
Mar 2022