Area Intelligence

TMN ASEAN

3 properties
3-Storey Storey Shop
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Median Price
RM 800,000
PSF: RM 455

Residential Market

Median Price

RM 385,000

IQR: RM 96
MAD: RM 51
RM 232 PSF 8.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 800,000

IQR: RM 57
MAD: RM 40
RM 455 PSF 18.2%

PSF Trends (2021-2025)

TMN ASEAN in Melaka Tengah, Melaka recorded 3 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 800K and a median price per square foot (PSF) of RM 455.

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 800K, with most transactions falling within a stable range of RM 738K to RM 850K, and a typical market range of RM 718K to RM 850K.

Within the 3-Storey Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 455, with most transactions between RM 420 and RM 490. The usual range is RM 407.25 to RM 502.75, showing that most units are priced quite close to each other. With an IQR of RM 95.50 and MAD of RM 35, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN ASEAN, Melaka Tengah, Melaka

OSM

Transactions

3 properties grouped by size

1,750 sqft
3 units 3-Storey Storey Shop
RM 700,000
JLN MALIM
1,760 sqft · RM 398.00 PSF
Jun 2024
RM 800,000
JLN MALIM
1,760 sqft · RM 455.00 PSF
Nov 2023
RM 850,000
JALAN TAMAN ASEAN
1,760 sqft · RM 483.00 PSF
Nov 2022