TAMAN ASEAN

Area Intelligence

2023

Median Price

RM 405,000

PSF: RM 261

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 256

Commercial PSF Trends

Median Price

RM 800,000

RM 455 PSF

TAMAN ASEAN in Melaka Tengah, Melaka recorded 8 subsale transactions in 2023, with a median price of RM 405K and a median price per square foot (PSF) of RM 261.

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 405K, with most transactions falling within a stable range of RM 280K to RM 549K, and a typical market range of RM 320K to RM 490K.

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 261, though individual units vary from RM 174 to RM 349 in the core range. The broader market spans RM 215.00 to RM 307.00, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 88) 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

8 transactions grouped by size

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

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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

Custom Range

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Road	Price	Land PSF	Land	Date	Type

1,550 sqft

RM 370,000

JALAN ASEAN 14

1,540 sqft · RM 240 PSF

Dec 2023

RM 460,000

JALAN ASEAN 1/2

1,540 sqft · RM 299 PSF

Dec 2023

RM 470,000

JALAN ASEAN 4

1,540 sqft · RM 305 PSF

Jun 2023

RM 395,000

JALAN ASEAN 12

1,540 sqft · RM 256 PSF

May 2023

RM 280,000

LG. ASEAN 1/2

1,540 sqft · RM 182 PSF

Mar 2023

RM 410,000

JALAN POKOK MANGGA

1,540 sqft · RM 266 PSF

Jan 2023

JALAN ASEAN 14	RM 370,000	RM 240	1,540 sqft	Dec 2023	Single Storey Terraced
JALAN ASEAN 1/2	RM 460,000	RM 299	1,540 sqft	Dec 2023	Double Storey Terraced
JALAN ASEAN 4	RM 470,000	RM 305	1,540 sqft	Jun 2023	Double Storey Terraced
JALAN ASEAN 12	RM 395,000	RM 256	1,540 sqft	May 2023	Double Storey Terraced
LG. ASEAN 1/2	RM 280,000	RM 182	1,540 sqft	Mar 2023	Single Storey Terraced
JALAN POKOK MANGGA	RM 410,000	RM 266	1,540 sqft	Jan 2023	Double Storey Terraced