Area Intelligence

TMN BACANG UTAMA

3 properties
2021
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Median Price
RM 380,000
PSF: RM 272

Residential Market

Median Price

RM 380,000

IQR: RM 144
MAD: RM 36
RM 272 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 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 272.

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 380K, with most transactions falling within a stable range of RM 300K to RM 462K, and a typical market range of RM 315K to RM 445K.

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 272, though individual units vary from RM 213 to RM 331 in the core range. The broader market spans RM 228.00 to RM 316.00, indicating diverse property characteristics. The spread of RM 88.00 (IQR) and deviation of RM 59 (MAD) suggest moderate price variations reflecting different property features.

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

1,400 sqft
3 units Double Storey Terraced
RM 380,000
JLN BU 10
1,399 sqft · RM 272.00 PSF
Dec 2021
RM 500,000
JALAN BU10
1,399 sqft · RM 357.00 PSF
Sep 2021
RM 300,000
JALAN BU 9
1,399 sqft · RM 214.00 PSF
Jul 2021