TAMAN ASEAN

Area Intelligence

2023

Median Price

RM 458,500

PSF: RM 143

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Residential PSF Trends

Median Price

RM 458,500

PSF: RM 143

Commercial PSF Trends

Median Price

RM 715,000

RM 407 PSF

TAMAN ASEAN in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 459K and a median price per square foot (PSF) of RM 143.

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 459K, with most transactions falling within a stable range of RM 400K to RM 517K, and a typical market range of RM 400K to RM 517K.

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 143, with most transactions between RM 143 and RM 143. The usual range is RM 97.00 to RM 189.00, showing that most units are priced quite close to each other. With an IQR of RM 92.00 and MAD of RM 0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN ASEAN, Melaka Tengah, Melaka

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