TAMAN ASEAN

TAMAN ASEAN in Melaka Tengah, Melaka recorded 13 subsale transactions in 2024, priced between RM 300K and RM 750K, with a median price of RM 438K and a median price per square foot (PSF) of RM 221.

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 438K, with most transactions falling within a stable range of RM 311K to RM 565K, and a typical market range of RM 353K to RM 523K.

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 221, though individual units vary from RM 151 to RM 290 in the core range. The broader market spans RM 174.73 to RM 266.73, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 70) 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.