TAMAN ASEAN

Area Intelligence

2022

Median Price

RM 420,000

PSF: RM 279

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Residential PSF Trends

Median Price

RM 390,000

PSF: RM 253

Commercial PSF Trends

Median Price

RM 790,000

RM 449 PSF

TAMAN ASEAN in Melaka Tengah, Melaka recorded 9 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 279.

This area contains both residential and commercial properties. View 39 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 279, with most transactions between RM 279 and RM 279. The usual range is RM 233.00 to RM 325.00, showing that most units are priced quite close to each other. With an IQR of RM 92.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN ASEAN, Melaka Tengah, Melaka

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