PLAZA MAHKOTA
Residential Market
Median Price
RM 145,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 245,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
4-Storey Storey Shop
6 properties
Median Price
RM 800,000
+5.8% CAGR
Median PSF
RM 729.00
+5.8% CAGR
Office Lot
6 properties
Median Price
RM 155,000
+6.7% CAGR
Median PSF
RM 148.00
+29.5% CAGR
Shop/Retail Lot
3 properties
Median Price
RM 350,000
+7.5% CAGR
Median PSF
RM 372.00
+15.3% CAGR
Double Storey Shop
2 properties
Median Price
RM 750,000
Median PSF
RM 669.00
Condo/Apartment
1 properties
Median Price
RM 145,000
Median PSF
RM 146.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
4-Storey Storey Shop | 6 |
RM 800,000
±125K MAD
|
+5.83% |
RM 729.00
±114 MAD
|
+5.83% | |
Office Lot | 6 |
RM 155,000
±5K MAD
|
+6.67% |
RM 148.00
±19 MAD
|
+29.46% | |
Shop/Retail Lot | 3 |
RM 350,000
±10K MAD
|
+7.52% |
RM 372.00
±62 MAD
|
+15.29% | |
Double Storey Shop | 2 |
RM 750,000
|
- |
RM 669.00
|
- | |
Condo/Apartment | 1 |
RM 145,000
|
- |
RM 146.00
|
- |
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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 340,000
|
RM 372.00
|
915 sqft
|
Oct 2022
|
RM 145,000
|
RM 146.00
|
990 sqft
|
Sep 2022
|
RM 150,000
|
RM 129.00
|
1,163 sqft
|
Jan 2022
|