TMN SCIENTEX

TMN SCIENTEX in Alor Gajah, Melaka recorded 52 subsale transactions in 2021, with a median price of RM 200K 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 200K, with most transactions falling within a stable range of RM 145K to RM 255K, and a typical market range of RM 140K to RM 260K.

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 155 and RM 221. Market pricing typically extends from RM 167.38 to RM 208.63, reflecting moderate variation in unit pricing. The spread of RM 41.25 (IQR) and deviation of RM 33 (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.