TMN SCIENTEX

TMN SCIENTEX in Alor Gajah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 275K and a median price per square foot (PSF) of RM 235.

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 275K, with most transactions falling within a stable range of RM 210K to RM 340K, and a typical market range of RM 215K to RM 335K.

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

The median PSF stands at RM 235, with core pricing between RM 191 and RM 278. Market pricing typically extends from RM 213.88 to RM 255.13, reflecting moderate variation in unit pricing. The spread of RM 41.25 (IQR) and deviation of RM 43 (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.