TMN ASEAN

TMN ASEAN in Melaka Tengah, Melaka recorded 9 subsale transactions in 2023, with a median price of RM 410K and a median price per square foot (PSF) of RM 256.

This area contains both residential and commercial properties. View 34 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 410K, with most transactions falling within a stable range of RM 280K to RM 547K, and a typical market range of RM 328K to RM 492K.

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

Price per square foot shows a median of RM 256, though individual units vary from RM 165 to RM 347 in the core range. The broader market spans RM 208.25 to RM 303.75, indicating diverse property characteristics. A wider spread (IQR: RM 95.50) and deviation (MAD: RM 91) 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.