Area Intelligence

TMN BACANG UTAMA

3 properties
Double Storey Shop
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Median Price
RM 280,000
PSF: RM 187

Residential Market

Median Price

RM 360,000

IQR: RM 144
MAD: RM 36
RM 257 PSF 4.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 280,000

IQR: RM 52
MAD: RM 27
RM 187 PSF

PSF Trends (2021-2025)

TMN BACANG UTAMA in Melaka Tengah, Melaka recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 280K and a median price per square foot (PSF) of RM 187.

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 275K to RM 319K, and a typical market range of RM 275K to RM 345K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 187, with core pricing between RM 161 and RM 213. Market pricing typically extends from RM 143.00 to RM 231.00, reflecting moderate variation in unit pricing. With an IQR of RM 88.00 and MAD of RM 26, 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. Some price volatility exists, making thorough market research essential before transacting. 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

3 properties grouped by size

1,500 sqft
3 units Double Storey Shop
RM 360,000
JLN BU 2
1,496 sqft · RM 241.00 PSF
Dec 2023
RM 280,000
JLN BU 2
1,496 sqft · RM 187.00 PSF
Nov 2023
RM 275,000
JLN BU 2
1,496 sqft · RM 184.00 PSF
Jan 2023