Area Intelligence

TMN BACANG JAYA

7 properties
2023
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Median Price
RM 160,000
PSF: RM 191

Residential Market

Median Price

RM 160,000

IQR: RM 31
MAD: RM 12
RM 191 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 7 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 191.

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 160K, with most transactions falling within a stable range of RM 143K to RM 170K, and a typical market range of RM 148K to RM 170K.

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

The median PSF stands at RM 191, with core pricing between RM 170 and RM 212. Market pricing typically extends from RM 176.75 to RM 205.25, 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

7 properties grouped by size

850 sqft
7 units Condo/Apartment
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
RM 170,000
840 sqft · RM 202.00 PSF
Jul 2023
RM 160,000
840 sqft · RM 191.00 PSF
May 2023
RM 115,000
840 sqft · RM 137.00 PSF
Apr 2023
RM 160,000
840 sqft · RM 191.00 PSF
Apr 2023