TMN BACANG BARU

TMN BACANG BARU in Melaka Tengah, Melaka recorded 39 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 151.

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 280K, with most transactions falling within a stable range of RM 135K to RM 442K, and a typical market range of RM 190K to RM 371K.

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

Price per square foot shows a median of RM 151, though individual units vary from RM 70 to RM 232 in the core range. The broader market spans RM 99.50 to RM 202.50, indicating diverse property characteristics. A wider spread (IQR: RM 103.00) and deviation (MAD: RM 81) 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.