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Taman Bacang Utama
Commercial Transaction Prices
Taman Bacang Utama is a township/project located in Melaka Tengah, Melaka. The median transacted price for Taman Bacang Utama is RM 277,500 with a median transacted price of RM 212.07 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 277,500
- YoY
Lower: RM 250,000
Upper: RM 360,000
Median price per sq.ft. (psf)
RM 212.07
- YoY
Lower: RM 183.80
Upper: RM 240.61
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Taman Bacang Utama Median Price Psf
Latest Transactions from Jan 23 to Dec 23
(4 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|
| December 2023 | Shop | Leasehold | Jalan Bu 2 | 1,496.18 sq.ft | 2,848.99 sq.ft | RM 360,000 | RM 241 |
| November 2023 | Shop | Leasehold | Jalan Bu 2 | 1,496.18 sq.ft | 2,848.99 sq.ft | RM 280,000 | RM 187 |
| April 2023 | Shop | Leasehold | N/A | 1,054.86 sq.ft | N/A | RM 250,000 | RM 237 |
| January 2023 | Shop | Leasehold | Jalan Bu 2 | 1,496.18 sq.ft | 2,848.99 sq.ft | RM 275,000 | RM 184 |
December 2023
Type: Shop
Tenure: Leasehold
Road: Jalan Bu 2
Land Area: 1,496.18 sq.ft
Build Area: 2,848.99 sq.ft
Transaction: RM 360,000
Price PSF: RM 241
November 2023
Type: Shop
Tenure: Leasehold
Road: Jalan Bu 2
Land Area: 1,496.18 sq.ft
Build Area: 2,848.99 sq.ft
Transaction: RM 280,000
Price PSF: RM 187
April 2023
Type: Shop
Tenure: Leasehold
Road: N/A
Land Area: 1,054.86 sq.ft
Build Area: N/A
Transaction: RM 250,000
Price PSF: RM 237
January 2023
Type: Shop
Tenure: Leasehold
Road: Jalan Bu 2
Land Area: 1,496.18 sq.ft
Build Area: 2,848.99 sq.ft
Transaction: RM 275,000
Price PSF: RM 184
Frequently Asked Questions
What factors affect commercial property prices in Taman Bacang Utama, Melaka Tengah?
Commercial property prices in Taman Bacang Utama, Melaka Tengah are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will commercial property prices fluctuate in Taman Bacang Utama, Melaka Tengah?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Taman Bacang Utama, Melaka Tengah.
How have commercial property prices changed recently in Taman Bacang Utama, Melaka Tengah?
In the past 12 months, commercial property prices in Taman Bacang Utama, Melaka Tengah have decreased by % YoY.
What is the median price for commercial property in Taman Bacang Utama, Melaka Tengah?
The median price for commercial property in Taman Bacang Utama, Melaka Tengah is RM 277,500.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.