Taman Asean

Malacca, Malaysia

Property Transactions

9 subsales grouped by size

Median
RM 420,000
PSF
RM 230
Price Size
1,300 sqft
Terrace
RM 260,000
Jalan Asean 14
1,302 sqft · RM 200 PSF
1,550 sqft
Terrace
RM 360,000
Jalan Asean 6
1,540 sqft · RM 234 PSF
RM 355,000
Lorong 112
1,540 sqft · RM 230 PSF
RM 390,000
Jalan Asean 8
1,540 sqft · RM 253 PSF
1,600 sqft
2-Sty Terrace
RM 460,000
Jalan Asean 12
1,604 sqft · RM 287 PSF
1,750 sqft
2-Sty Terrace
RM 430,000
Jalan Malim
1,765 sqft · RM 244 PSF
1,950 sqft
2-Sty Terrace
RM 420,000
Jalan Taman Asean
1,970 sqft · RM 213 PSF
3,900 sqft
2-Sty Shop
RM 730,000
Jalan Balai Panjang
3,918 sqft · RM 186 PSF
3,950 sqft
3-Sty Shop
RM 850,000
Jalan Taman Asean
3,929 sqft · RM 216 PSF
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Market Snapshot

Residential

RM 390,000

RM 234 psf

Median transaction price

Taman Asean
© OpenStreetMap · CARTO

Taman ASEAN, Malacca, Malaysia

Maps

Taman Asean in Melaka Tengah, Melaka recorded 9 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 230.

This area contains both residential and commercial properties. View 41 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 420K, with most transactions falling within a stable range of RM 260K to RM 600K, and a typical market range of RM 334K to RM 506K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 230, with core pricing between RM 202 and RM 259. Market pricing typically extends from RM 181.22 to RM 279.72, reflecting moderate variation in unit pricing. With an IQR of RM 98.50 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

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.