Area Intelligence

TMN KOTA GEMILANG

4 properties
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Median Price
RM 550,000
PSF: RM 358

Commercial Market

Median Price

RM 550,000

IQR: RM 120
MAD: RM 62
RM 358 PSF 36.3%

PSF Trends (2021-2025)

TMN KOTA GEMILANG in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 550K and a median price per square foot (PSF) of RM 358.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 455K to RM 645K, and a typical market range of RM 410K to RM 699K.

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

The median PSF stands at RM 358, with core pricing between RM 296 and RM 420. Market pricing typically extends from RM 297.75 to RM 417.25, reflecting moderate variation in unit pricing. The spread of RM 119.50 (IQR) and deviation of RM 62 (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 KOTA GEMILANG, Melaka Tengah, Melaka

OSM

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Transactions

4 properties grouped by size

1,550 sqft
3 units Double Storey Shop
RM 600,000
JALAN KF 3
1,539 sqft · RM 390.00 PSF
Apr 2023
RM 500,000
JLN KF3
1,539 sqft · RM 325.00 PSF
Dec 2022
RM 410,000
JLN KF 2
1,539 sqft · RM 266.00 PSF
Oct 2022
2,350 sqft
1 units Double Storey Shop
RM 1,300,000
JLN KF 2
2,368 sqft · RM 549.00 PSF
Aug 2024