TAMAN ASEAN

TAMAN ASEAN in Melaka Tengah, Melaka recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 345K and a median price per square foot (PSF) of RM 216.

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 345K, with most transactions falling within a stable range of RM 325K to RM 531K, and a typical market range of RM 325K to RM 430K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 216, though individual units vary from RM 119 to RM 313 in the core range. The broader market spans RM 170.00 to RM 262.00, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 97) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.