TAMAN ASEAN

Area Intelligence

2024

Median Price

RM 497,500

PSF: RM 195

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Residential PSF Trends

Median Price

RM 497,500

PSF: RM 195

Commercial PSF Trends

Median Price

RM 715,000

RM 407 PSF

TAMAN ASEAN in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 498K and a median price per square foot (PSF) of RM 195.

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 498K, with most transactions falling within a stable range of RM 320K to RM 675K, and a typical market range of RM 413K to RM 583K.

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 195, though individual units vary from RM 151 to RM 239 in the core range. The broader market spans RM 149.00 to RM 241.00, indicating diverse property characteristics. The spread of RM 92.00 (IQR) and deviation of RM 44 (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.

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TAMAN ASEAN, Melaka Tengah, Melaka

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