Area Intelligence

TMN BACANG JAYA

16 properties
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Median Price
RM 157,500
PSF: RM 188

Residential Market

Median Price

RM 150,000

IQR: RM 31
MAD: RM 12
RM 179 PSF 10.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 880,000

IQR: RM 16
MAD: RM 13
RM 455 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN BACANG JAYA in Melaka Tengah, Melaka recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 158K and a median price per square foot (PSF) of RM 188.

This area contains both residential and commercial properties. View 13 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 158K, with most transactions falling within a stable range of RM 145K to RM 170K, and a typical market range of RM 146K to RM 170K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

For price per square foot, the median is RM 188, with most transactions between RM 173 and RM 203. The usual range is RM 173.75 to RM 202.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.50 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.

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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN BACANG JAYA, Melaka Tengah, Melaka

OSM

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Transactions

16 properties found

Condo/Apartment
RM 145,000
840 sqft Oct 2024
RM 173.00 PSF
Condo/Apartment
RM 155,000
840 sqft Sep 2024
RM 185.00 PSF
Condo/Apartment
RM 134,000
840 sqft Feb 2024
RM 160.00 PSF
Condo/Apartment
RM 145,000
840 sqft Dec 2023
RM 173.00 PSF
Condo/Apartment
RM 160,000
840 sqft Nov 2023
RM 191.00 PSF
Condo/Apartment
RM 165,000
840 sqft Jul 2023
RM 197.00 PSF
Condo/Apartment
RM 170,000
840 sqft Jul 2023
RM 202.00 PSF
Condo/Apartment
RM 160,000
840 sqft May 2023
RM 191.00 PSF
Condo/Apartment
RM 115,000
840 sqft Apr 2023
RM 137.00 PSF
Condo/Apartment
RM 160,000
840 sqft Apr 2023
RM 191.00 PSF
Condo/Apartment
RM 118,000
840 sqft Dec 2022
RM 141.00 PSF
Flat
RM 150,000
840 sqft Oct 2022
RM 179.00 PSF
Flat
RM 120,000
840 sqft Apr 2022
RM 143.00 PSF
3-Storey Storey Shop JALAN TAMAN BACANG JAYA
RM 880,000
1,862 sqft Jul 2021
RM 473.00 PSF
3-Storey Storey Shop JALAN TAMAN BACANG JAYA 1
RM 1,380,000
3,035 sqft Jul 2021
RM 455.00 PSF
3-Storey Storey Shop JLN TUN FATIMAH
RM 790,000
1,787 sqft Jul 2021
RM 442.00 PSF