Area Intelligence

TMN BACANG UTAMA

4 properties
2022
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Median Price
RM 225,000
PSF: RM 194

Residential Market

Median Price

RM 225,000

IQR: RM 144
MAD: RM 36
RM 194 PSF 4.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 277,500

IQR: RM 52
MAD: RM 27
RM 212 PSF

PSF Trends (2021-2025)

TMN BACANG UTAMA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 225K and a median price per square foot (PSF) of RM 194.

This area contains both residential and commercial properties. View 13 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 225K, with most transactions falling within a stable range of RM 90K to RM 367K, and a typical market range of RM 160K to RM 290K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 194, though individual units vary from RM 126 to RM 262 in the core range. The broader market spans RM 150.00 to RM 238.00, indicating diverse property characteristics. A wider spread (IQR: RM 88.00) and deviation (MAD: RM 68) indicate significant PSF variations, likely due to diverse property types or conditions.

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 UTAMA, Melaka Tengah, Melaka

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Transactions

4 properties found

Double Storey Terraced JLN BU 6
RM 385,000
1,399 sqft Jun 2022
RM 275.00 PSF
Condo/Apartment
RM 90,000
689 sqft Jun 2022
RM 131.00 PSF
Condo/Apartment
RM 90,000
689 sqft May 2022
RM 131.00 PSF
Double Storey Terraced JLN BU 10
RM 360,000
1,399 sqft Mar 2022
RM 257.00 PSF