|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lorong Asean 1/1
|
RM 500,000
|
RM 312
|
1,604 sqft
|
|
2-Sty Terrace |
|
Jalan Malim
|
RM 675,000
|
RM 421
|
1,604 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Jalan Asean 4
|
RM 470,000
|
RM 293
|
1,604 sqft
|
|
2-Sty Terrace |
|
Jalan Asean 12
|
RM 395,000
|
RM 246
|
1,604 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Jalan Asean 12
|
RM 460,000
|
RM 287
|
1,604 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 470,000
RM 293 psfMedian transaction price
Taman ASEAN, Malacca, Malaysia
MapsTaman Asean in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, sized between 1,575 and 1,624 sqft, with a median price of RM 470K and a median price per square foot (PSF) of RM 293.
This area contains both residential and commercial properties. View 41 residential properties or 6 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 470K, with most transactions falling within a stable range of RM 395K to RM 564K, and a typical market range of RM 395K to RM 556K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 293, with core pricing between RM 234 and RM 352. Market pricing typically extends from RM 243.80 to RM 342.30, reflecting moderate variation in unit pricing. The spread of RM 98.50 (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.