TAMAN ASEAN

Area Intelligence

2021

Median Price

RM 340,000

PSF: RM 181

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Residential PSF Trends

Median Price

RM 340,000

PSF: RM 181

Commercial PSF Trends

Median Price

RM 715,000

RM 407 PSF

TAMAN ASEAN in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 340K and a median price per square foot (PSF) of RM 181.

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. The median price is RM 340K, with most transactions falling within a stable range of RM 300K to RM 496K, and a typical market range of RM 300K to RM 425K.

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 181, though individual units vary from RM 130 to RM 232 in the core range. The broader market spans RM 135.00 to RM 227.00, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 51) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN ASEAN, Melaka Tengah, Melaka

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 300,000

JALAN ASEAN 14A

3,068 sqft • RM 98.00 PSF

Dec 2021

RM 340,000

TAMAN ASEAN

1,540 sqft • RM 221.00 PSF

Dec 2021

RM 650,000

JALAN ASEAN 5

3,596 sqft • RM 181.00 PSF

Nov 2021

Road	Price	Land PSF	Land	Date	Type
JALAN ASEAN 14A	RM 300,000	RM 98.00	3,068 sqft	Dec 2021	Single Storey Terraced
TAMAN ASEAN	RM 340,000	RM 221.00	1,540 sqft	Dec 2021	Single Storey Terraced
JALAN ASEAN 5	RM 650,000	RM 181.00	3,596 sqft	Nov 2021	Double Storey Semi-D