Area Intelligence

TMN BACANG BARU

5 properties
Double Storey Terraced
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Median Price
RM 470,000
PSF: RM 296

Residential Market

Median Price

RM 470,000

IQR: RM 86
MAD: RM 15
RM 296 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 5 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 470K and a median price per square foot (PSF) of RM 296.

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 470K, with most transactions falling within a stable range of RM 282K to RM 658K, and a typical market range of RM 380K to RM 561K.

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

Price per square foot shows a median of RM 296, though individual units vary from RM 217 to RM 375 in the core range. The broader market spans RM 244.50 to RM 347.50, indicating diverse property characteristics. A wider spread (IQR: RM 103.00) and deviation (MAD: RM 79) 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

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TMN BACANG BARU, Melaka Tengah, Melaka

OSM

Transactions

5 properties grouped by size

1,000 sqft
1 units Double Storey Terraced
RM 150,000
JLN BACANG BARU 1/3
990 sqft · RM 151.00 PSF
Dec 2021
1,100 sqft
1 units Double Storey Terraced
RM 325,000
JLN BB 2
1,098 sqft · RM 296.00 PSF
Dec 2021
1,200 sqft
1 units Double Storey Terraced
RM 470,000
JLN BB 1/13
1,195 sqft · RM 393.00 PSF
Apr 2023
1,550 sqft
1 units Double Storey Terraced
RM 470,000
JALAN BB 17
1,572 sqft · RM 299.00 PSF
Aug 2023
3,000 sqft
1 units Double Storey Terraced
RM 720,000
JLN BB 1/11
3,003 sqft · RM 240.00 PSF
Sep 2023