Plaza Mahkota

75000 Melaka, Malaysia

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Selling in Plaza Mahkota? Homes here sold for a median of RM345,000.

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Market Snapshot

Commercial

RM350,000

RM372 psf

Median transaction price

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Plaza Mahkota, 75000 Melaka, Malaysia

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Plaza Mahkota in Melaka Tengah, Melaka recorded 0 subsale transactions between 2021 and 2026, with a median price of RM345K and a median price per square foot (PSF) of RM341.

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 RM345K, with most transactions falling within a stable range of RM150K to RM540K, and a typical market range of RM63K to RM628K.

Most transactions involved office lot, with high diversity across multiple property types.

Price per square foot shows a median of RM341, though individual units vary from RM152 to RM531 in the core range. The broader market spans RM94.13 to RM587.88, indicating diverse property characteristics. A wider spread (IQR: RM493.75) and deviation (MAD: RM190) 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.