Area Intelligence

TMN BACANG UTAMA

3 properties
Condo/Apartment
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Median Price
RM 90,000
PSF: RM 131

Residential Market

Median Price

RM 90,000

IQR: RM 144
MAD: RM 36
RM 131 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 3 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 90K and a median price per square foot (PSF) of RM 131.

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 90K, with most transactions falling within a stable range of RM 81K to RM 90K, and a typical market range of RM 70K to RM 90K.

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

The median PSF stands at RM 131, with core pricing between RM 117 and RM 145. Market pricing typically extends from RM 87.00 to RM 175.00, reflecting moderate variation in unit pricing. With an IQR of RM 88.00 and MAD of RM 14, 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 UTAMA, Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

700 sqft
3 units Condo/Apartment
RM 70,000
689 sqft · RM 102.00 PSF
Aug 2023
RM 90,000
689 sqft · RM 131.00 PSF
Jun 2022
RM 90,000
689 sqft · RM 131.00 PSF
May 2022