Area Intelligence

PLAZA MAHKOTA

16 properties
Favorite WhatsApp
Median Price
RM 345,000
PSF: RM 341

Residential Market

Median Price

RM 145,000

RM 146 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 350,000

IQR: RM 509
MAD: RM 215
RM 372 PSF 0.6%

PSF Trends (2021-2025)

PLAZA MAHKOTA in Melaka Tengah, Melaka recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 345K and a median price per square foot (PSF) of RM 341.

This area contains both residential and commercial properties. View 1 residential properties or 15 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 345K, with most transactions falling within a stable range of RM 150K to RM 540K, and a typical market range of RM 145K to RM 628K.

Most transactions involved 4 - 4 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 341, though individual units vary from RM 152 to RM 531 in the core range. The broader market spans RM 94.13 to RM 587.88, indicating diverse property characteristics. A wider spread (IQR: RM 493.75) and deviation (MAD: RM 190) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

Loading map...

PLAZA MAHKOTA, Melaka Tengah, Melaka

OSM

Filter by type, year, price, and size

Transactions

16 properties grouped by size

900 sqft
2 units Shop/Retail Lot
RM 435,000
915 sqft · RM 475.00 PSF
Jun 2024
RM 340,000
915 sqft · RM 372.00 PSF
Oct 2022
950 sqft
5 units Office Lot
RM 160,000
958 sqft · RM 167.00 PSF
Apr 2023
RM 150,000
958 sqft · RM 157.00 PSF
Apr 2023
RM 175,000
958 sqft · RM 183.00 PSF
Mar 2023
RM 200,000
958 sqft · RM 209.00 PSF
Feb 2023
RM 160,000
958 sqft · RM 167.00 PSF
Feb 2023
1,000 sqft
1 units Condo/Apartment
RM 145,000
990 sqft · RM 146.00 PSF
Sep 2022
1,100 sqft
5 units 4-Storey Storey Shop
RM 800,000
JALAN PM3
1,098 sqft · RM 729.00 PSF
Jun 2024
RM 1,250,000
JALAN PM2
1,098 sqft · RM 1,139.00 PSF
Dec 2023
RM 860,000
JLN PM 3
1,098 sqft · RM 783.00 PSF
May 2023
RM 650,000
JLN PM 4
1,098 sqft · RM 592.00 PSF
Dec 2021
RM 700,000
JLN PM 5
1,098 sqft · RM 638.00 PSF
Nov 2021
1,150 sqft
2 units
RM 150,000
Office Lot
1,163 sqft · RM 129.00 PSF
Jan 2022
RM 350,000
Shop/Retail Lot
1,130 sqft · RM 310.00 PSF
Aug 2021
1,350 sqft
1 units 4-Storey Storey Shop
RM 2,340,000
JLN PM 3
1,335 sqft · RM 1,753.00 PSF
Jun 2023