Area Intelligence

TMN BACANG JAYA

11 properties
Condo/Apartment
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Median Price
RM 155,000
PSF: RM 185

Residential Market

Median Price

RM 155,000

IQR: RM 31
MAD: RM 12
RM 185 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 11 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 155K and a median price per square foot (PSF) of RM 185.

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 155K, with most transactions falling within a stable range of RM 137K to RM 170K, and a typical market range of RM 143K to RM 167K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 185, with core pricing between RM 164 and RM 206. Market pricing typically extends from RM 170.75 to RM 199.25, reflecting moderate variation in unit pricing. With an IQR of RM 28.50 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

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

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Transactions

11 properties grouped by size

850 sqft
11 units (showing 6) Condo/Apartment
RM 145,000
840 sqft · RM 173.00 PSF
Oct 2024
RM 155,000
840 sqft · RM 185.00 PSF
Sep 2024
RM 134,000
840 sqft · RM 160.00 PSF
Feb 2024
RM 145,000
840 sqft · RM 173.00 PSF
Dec 2023
RM 160,000
840 sqft · RM 191.00 PSF
Nov 2023
RM 165,000
840 sqft · RM 197.00 PSF
Jul 2023