Area Intelligence

TMN BACANG UTAMA

1 properties
Low-Cost Flat
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Median Price
RM 49,000
PSF: RM 71

Residential Market

Median Price

RM 49,000

IQR: RM 144
MAD: RM 36
RM 71 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 1 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 49K and a median price per square foot (PSF) of RM 71.

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.

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

For price per square foot, the median is RM 71, with most transactions between RM 71 and RM 71. The usual range is RM 27.00 to RM 115.00, showing that most units are priced quite close to each other. With an IQR of RM 88.00 and MAD of RM 0, 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

1 properties grouped by size

700 sqft
1 units Low-Cost Flat
RM 49,000
689 sqft · RM 71.00 PSF
Jul 2024