Area Intelligence

TMN BACANG JAYA

3 properties
2021
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Median Price
RM 880,000
PSF: RM 455

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 3 subsale transactions in 2021, with a median price of RM 880K and a median price per square foot (PSF) of RM 455.

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 880K, with most transactions falling within a stable range of RM 790K to RM 1.14 million, and a typical market range of RM 868K to RM 892K.

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

For price per square foot, the median is RM 455, with most transactions between RM 442 and RM 468. The usual range is RM 440.75 to RM 469.25, 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 13 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN BACANG JAYA, Melaka Tengah, Melaka

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Transactions

3 properties found

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