Area Intelligence

TMN BACANG BARU

34 properties
Flat
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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 34 Flat properties subsale transactions between 2021 and 2025 for flat properties, 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 143K to RM 150K, and a typical market range of RM 135K to RM 150K.

Within the Flat category, flats dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 144, with most transactions between RM 137 and RM 151. The usual range is RM 92.50 to RM 195.50, showing that most units are priced quite close to each other. With an IQR of RM 103.00 and MAD of RM 7, the PSF demonstrates reasonable consistency across the market.

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

34 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