TAMAN SCIENTEX

TAMAN SCIENTEX in Alor Gajah, Melaka recorded 17 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 188.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 180K, with most transactions falling within a stable range of RM 111K to RM 249K, and a typical market range of RM 120K to RM 240K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 188, with core pricing between RM 169 and RM 207. Market pricing typically extends from RM 165.25 to RM 210.75, reflecting moderate variation in unit pricing. With an IQR of RM 45.50 and MAD of RM 19, 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.