TMN SCIENTEX

TMN SCIENTEX in Alor Gajah, Melaka recorded 61 subsale transactions in 2022, with a median price of RM 265K and a median price per square foot (PSF) of RM 209.

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 265K, with most transactions falling within a stable range of RM 184K to RM 346K, and a typical market range of RM 205K to RM 325K.

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

The median PSF stands at RM 209, with core pricing between RM 171 and RM 247. Market pricing typically extends from RM 188.38 to RM 229.63, reflecting moderate variation in unit pricing. The spread of RM 41.25 (IQR) and deviation of RM 38 (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. Moderate transaction volume may require patience when buying or selling.