| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kf 3
|
RM 600,000
|
RM 205
|
2,928 sqft
|
|
|
Jalan Kf 2
|
RM 1,300,000
|
RM 330
|
3,940 sqft
|
|
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Jalan Bukit Baru, Melaka, Malaysia
MapsTaman Kota Gemilang in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 950K and a median price per square foot (PSF) of RM 267.
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 950K, with most transactions falling within a stable range of RM 600K to RM 1.30 million, and a typical market range of RM 801K to RM 1.10 million.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 267, though individual units vary from RM 205 to RM 330 in the core range. The broader market spans RM 207.71 to RM 327.21, indicating diverse property characteristics. The spread of RM 119.50 (IQR) and deviation of RM 63 (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.