Taman Kota Gemilang in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, with a median price of RM600K 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 RM600K, with most transactions falling within a stable range of RM500K to RM700K, and a typical market range of RM525K to RM675K.

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 RM140 to RM270 in the core range. The broader market spans RM156.43 to RM253.43, indicating diverse property characteristics. A wider spread (IQR: RM97.00) and deviation (MAD: RM65) 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.