Area Intelligence

TMN KOTA GEMILANG

1 properties
2024
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Median Price
RM 1,300,000
PSF: RM 549

Commercial Market

Median Price

RM 1,300,000

IQR: RM 120
MAD: RM 62
RM 549 PSF 36.3%

PSF Trends (2021-2025)

TMN KOTA GEMILANG in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 549.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 549, with most transactions between RM 549 and RM 549. The usual range is RM 489.25 to RM 608.75, showing that most units are priced quite close to each other. With an IQR of RM 119.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN KOTA GEMILANG, Melaka Tengah, Melaka

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Transactions

1 properties grouped by size

2,350 sqft
1 units Double Storey Shop
RM 1,300,000
JLN KF 2
2,368 sqft · RM 549.00 PSF
Aug 2024