Area Intelligence

PLAZA MAHKOTA

3 properties
2022
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Median Price
RM 150,000
PSF: RM 146

Residential Market

Median Price

RM 145,000

RM 146 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 245,000

IQR: RM 509
MAD: RM 215
RM 251 PSF 0.6%

PSF Trends (2021-2025)

PLAZA MAHKOTA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 150K and a median price per square foot (PSF) of RM 146.

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 150K, with most transactions falling within a stable range of RM 145K to RM 241K, and a typical market range of RM 145K to RM 340K.

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 146, though individual units vary from RM 35 to RM 257 in the core range. The broader market spans RM 0.00 to RM 392.88, indicating diverse property characteristics. A wider spread (IQR: RM 493.75) and deviation (MAD: RM 111) 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

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PLAZA MAHKOTA, Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

900 sqft
1 units Shop/Retail Lot
RM 340,000
915 sqft · RM 372.00 PSF
Oct 2022
1,000 sqft
1 units Condo/Apartment
RM 145,000
990 sqft · RM 146.00 PSF
Sep 2022
1,150 sqft
1 units Office Lot
RM 150,000
1,163 sqft · RM 129.00 PSF
Jan 2022