TAMAN ASEAN

Area Intelligence

2022

Median Price

RM 790,000

PSF: RM 201

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Residential PSF Trends

Median Price

RM 395,000

PSF: RM 230

TAMAN ASEAN in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, priced between RM 500K and RM 1.00 million, with a median price of RM 790K and a median price per square foot (PSF) of RM 201.

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 790K, with most transactions falling within a stable range of RM 730K to RM 850K, and a typical market range of RM 730K to RM 850K.

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 201, with most transactions between RM 186 and RM 216. The usual range is RM 155.33 to RM 247.33, showing that most units are priced quite close to each other. With an IQR of RM 92.00 and MAD of RM 15, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN ASEAN, Melaka Tengah, Melaka

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