TMN ASEAN
Residential Market
Median Price
RM 405,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 800,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
14 properties
Median Price
RM 327,500
+1.0% CAGR
Median PSF
RM 214.25
+10.9% CAGR
Double Storey Terraced
13 properties
Median Price
RM 435,000
+7.3% CAGR
Median PSF
RM 286.00
+3.3% CAGR
Condo/Apartment
4 properties
Median Price
RM 159,500
+10.6% CAGR
Median PSF
RM 183.00
+13.4% CAGR
3-Storey Storey Shop
3 properties
Median Price
RM 800,000
-9.3% CAGR
Median PSF
RM 455.00
-9.2% CAGR
Cluster House
3 properties
Median Price
RM 385,250
-32.0% CAGR
Median PSF
RM 173.00
+42.0% CAGR
Double Storey Shop
2 properties
Median Price
RM 527,500
-33.3% CAGR
Median PSF
RM 309.00
-30.1% CAGR
Double Storey Semi-D
1 properties
Median Price
RM 650,000
Median PSF
RM 181.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 14 |
RM 327,500
±5K MAD
|
+1.03% |
RM 214.25
±11 MAD
|
+10.89% | |
| Double Storey Terraced | 13 |
RM 435,000
±5K MAD
|
+7.29% |
RM 286.00
±4 MAD
|
+3.27% | |
| Condo/Apartment | 4 |
RM 159,500
±8K MAD
|
+10.56% |
RM 183.00
±12 MAD
|
+13.41% | |
| 3-Storey Storey Shop | 3 |
RM 800,000
±50K MAD
|
-9.25% |
RM 455.00
±28 MAD
|
-9.22% | |
| Cluster House | 3 |
RM 385,250
±73K MAD
|
-31.95% |
RM 173.00
±30 MAD
|
+41.96% | |
| Double Storey Shop | 2 |
RM 527,500
±203K MAD
|
-33.28% |
RM 309.00
±106 MAD
|
-30.06% | |
| Double Storey Semi-D | 1 |
RM 650,000
|
- |
RM 181.00
|
- |
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.
Filter by type, year, price, and size
Transactions
9 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN ASEAN 14
|
RM 370,000
|
RM 240.00
|
1,540 sqft
|
Dec 2023
|
Single Storey Terraced |
|
JALAN ASEAN 1/2
|
RM 460,000
|
RM 299.00
|
1,540 sqft
|
Dec 2023
|
Double Storey Terraced |
|
JLN ASEAN 4
|
RM 470,000
|
RM 305.00
|
1,540 sqft
|
Jun 2023
|
Double Storey Terraced |
|
JALAN ASEAN 12
|
RM 395,000
|
RM 256.00
|
1,540 sqft
|
May 2023
|
Double Storey Terraced |
|
LG. ASEAN 1/2
|
RM 280,000
|
RM 182.00
|
1,540 sqft
|
Mar 2023
|
Single Storey Terraced |
|
JLN POKOK MANGGA
|
RM 410,000
|
RM 266.00
|
1,540 sqft
|
Jan 2023
|
Double Storey Terraced |
|
JLN MALIM
|
RM 800,000
|
RM 455.00
|
1,760 sqft
|
Nov 2023
|
|
JALAN ASEAN 14B
|
RM 400,000
|
RM 143.00
|
2,788 sqft
|
Dec 2023
|
|
JLN ASEAN
|
RM 517,000
|
RM 143.00
|
3,617 sqft
|
Aug 2023
|