Area Intelligence

PLAZA MAHKOTA

6 properties
Office Lot
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Median Price
RM 160,000
PSF: RM 167

Residential Market

Median Price

RM 145,000

RM 146 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 160,000

IQR: RM 509
MAD: RM 215
RM 167 PSF 0.6%

PSF Trends (2021-2025)

PLAZA MAHKOTA in Melaka Tengah, Melaka recorded 6 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 160K and a median price per square foot (PSF) of RM 167.

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 160K, with most transactions falling within a stable range of RM 150K to RM 177K, and a typical market range of RM 150K to RM 200K.

Within the Office Lot category, 4 - 4 1/2 storey shop dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 167, with core pricing between RM 143 and RM 191. Market pricing typically extends from RM 0.00 to RM 413.88, reflecting moderate variation in unit pricing. With an IQR of RM 493.75 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

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

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PLAZA MAHKOTA, Melaka Tengah, Melaka

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Transactions

6 properties grouped by size

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
1,150 sqft
1 units Office Lot
RM 150,000
1,163 sqft · RM 129.00 PSF
Jan 2022