Taman Kota Gemilang

Jalan Bukit Baru, Melaka, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM550,000
PSF
RM205
Period
transactions middle 50% (P25–P75)
2,900 sqft
2-Sty Shop
RM410,000
Jalan Kf 2
2,917 sqft · RM141 PSF
2,950 sqft
2-Sty Shop
RM600,000
Jalan Kf 3
2,928 sqft · RM205 PSF
RM500,000
Jalan Kf3
2,928 sqft · RM171 PSF
3,950 sqft
2-Sty Shop
RM1,300,000
Jalan Kf 2
3,940 sqft · RM330 PSF
Legend Recent Highest Price Highest PSF

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Jalan Bukit Baru, Melaka, Malaysia

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Taman Kota Gemilang in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM550K and a median price per square foot (PSF) of RM205.

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 RM550K, with most transactions falling within a stable range of RM455K to RM645K, and a typical market range of RM410K to RM699K.

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

Price per square foot shows a median of RM205, though individual units vary from RM143 to RM267 in the core range. The broader market spans RM145.18 to RM264.68, indicating diverse property characteristics. A wider spread (IQR: RM119.50) and deviation (MAD: RM62) indicate significant PSF variations, likely due to diverse property types or conditions.

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.