TMN BACANG UTAMA
Residential Market
Median Price
RM 390,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 277,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
9 properties
Median Price
RM 376,250
-2.2% CAGR
Median PSF
RM 269.00
-2.3% CAGR
Double Storey Shop
3 properties
Median Price
RM 280,000
Median PSF
RM 187.00
Condo/Apartment
3 properties
Median Price
RM 80,000
-22.2% CAGR
Median PSF
RM 116.50
-22.1% CAGR
Low-Cost Flat
1 properties
Median Price
RM 49,000
Median PSF
RM 71.00
Shop/Retail Lot
1 properties
Median Price
RM 250,000
Median PSF
RM 237.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 9 |
RM 376,250
±13K MAD
|
-2.24% |
RM 269.00
±9 MAD
|
-2.32% | |
Double Storey Shop | 3 |
RM 280,000
|
- |
RM 187.00
|
- | |
Condo/Apartment | 3 |
RM 80,000
±10K MAD
|
-22.22% |
RM 116.50
±15 MAD
|
-22.14% | |
Low-Cost Flat | 1 |
RM 49,000
|
- |
RM 71.00
|
- | |
Shop/Retail Lot | 1 |
RM 250,000
|
- |
RM 237.00
|
- |
TMN BACANG UTAMA in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 237.
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 280K, with most transactions falling within a stable range of RM 173K to RM 387K, and a typical market range of RM 215K to RM 345K.
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 237, though individual units vary from RM 176 to RM 298 in the core range. The broader market spans RM 193.00 to RM 281.00, indicating diverse property characteristics. A wider spread (IQR: RM 88.00) and deviation (MAD: RM 61) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
7 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 70,000
|
RM 102.00
|
689 sqft
|
Aug 2023
|
RM 250,000
|
RM 237.00
|
1,055 sqft
|
Apr 2023
|
JLN BU 9
|
RM 410,000
|
RM 293.00
|
1,399 sqft
|
Aug 2023
|
|
JALAN BU 9
|
RM 390,000
|
RM 279.00
|
1,399 sqft
|
Mar 2023
|
JLN BU 2
|
RM 360,000
|
RM 241.00
|
1,496 sqft
|
Dec 2023
|
|
JLN BU 2
|
RM 280,000
|
RM 187.00
|
1,496 sqft
|
Nov 2023
|
|
JLN BU 2
|
RM 275,000
|
RM 184.00
|
1,496 sqft
|
Jan 2023
|