Area Intelligence

TMN ASEAN

3 properties
Cluster House
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Median Price
RM 400,000
PSF: RM 143

Residential Market

Median Price

RM 400,000

IQR: RM 96
MAD: RM 51
RM 143 PSF 8.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 730,000

IQR: RM 57
MAD: RM 40
RM 415 PSF 18.2%

PSF Trends (2021-2025)

TMN ASEAN in Melaka Tengah, Melaka recorded 3 Cluster House properties subsale transactions between 2021 and 2025 for cluster house properties, with a median price of RM 400K and a median price per square foot (PSF) of RM 143.

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 400K, with most transactions falling within a stable range of RM 316K to RM 484K, and a typical market range of RM 318K to RM 482K.

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

The median PSF stands at RM 143, with core pricing between RM 115 and RM 171. Market pricing typically extends from RM 95.25 to RM 190.75, reflecting moderate variation in unit pricing. The spread of RM 95.50 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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TMN ASEAN, Melaka Tengah, Melaka

OSM

Transactions

3 properties grouped by size

1,550 sqft
1 units Cluster House
RM 312,000
JLN ASEAN
1,539 sqft · RM 203.00 PSF
Jan 2024
2,800 sqft
1 units Cluster House
RM 400,000
JALAN ASEAN 14B
2,788 sqft · RM 143.00 PSF
Dec 2023
3,600 sqft
1 units Cluster House
RM 517,000
JLN ASEAN
3,617 sqft · RM 143.00 PSF
Aug 2023