Area Intelligence

TMN BACANG BARU

4 properties
Office Lot
Favorite WhatsApp
Median Price
RM 460,500
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 460,500

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

PSF Trends (2021-2025)

TMN BACANG BARU in Melaka Tengah, Melaka recorded 4 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 461K 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 461K, with most transactions falling within a stable range of RM 317K to RM 590K, and a typical market range of RM 370K to RM 551K.

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

Price per square foot shows a median of RM 253, though individual units vary from RM 164 to RM 342 in the core range. The broader market spans RM 201.50 to RM 304.50, indicating diverse property characteristics. A wider spread (IQR: RM 103.00) and deviation (MAD: RM 89) 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

Loading map...

TMN BACANG BARU, Melaka Tengah, Melaka

OSM

Transactions

4 properties grouped by size

1,650 sqft
1 units Office Lot
RM 590,000
1,645 sqft · RM 359.00 PSF
Jul 2023
1,800 sqft
2 units Office Lot
RM 590,000
1,822 sqft · RM 324.00 PSF
Jul 2023
RM 331,000
1,822 sqft · RM 182.00 PSF
Jul 2023
1,850 sqft
1 units Office Lot
RM 280,000
1,852 sqft · RM 151.00 PSF
Jul 2023