TMN BACANG BARU

TMN BACANG BARU in Melaka Tengah, Melaka recorded 27 subsale transactions in 2022, with a median price of RM 240K and a median price per square foot (PSF) of RM 198.

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 240K, with most transactions falling within a stable range of RM 120K to RM 368K, and a typical market range of RM 150K to RM 331K.

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

Price per square foot shows a median of RM 198, though individual units vary from RM 123 to RM 273 in the core range. The broader market spans RM 146.50 to RM 249.50, indicating diverse property characteristics. A wider spread (IQR: RM 103.00) and deviation (MAD: RM 75) 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.