Area Intelligence

TMN BACANG JAYA

3 properties
3-Storey Storey Shop
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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 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, 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.

Within the 3-Storey Storey Shop category, condominium/apartment dominated the market, 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 grouped by size

1,800 sqft
1 units 3-Storey Storey Shop
RM 790,000
JLN TUN FATIMAH
1,787 sqft · RM 442.00 PSF
Jul 2021
1,850 sqft
1 units 3-Storey Storey Shop
RM 880,000
JALAN TAMAN BACANG JAYA
1,862 sqft · RM 473.00 PSF
Jul 2021
3,050 sqft
1 units 3-Storey Storey Shop
RM 1,380,000
JALAN TAMAN BACANG JAYA 1
3,035 sqft · RM 455.00 PSF
Jul 2021