Plaza Mahkota

75000 Melaka, Malaysia

Property Transactions

2 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM150,000
Level 3
1,163 sqft RM129 PSF
RM350,000
Level 1
1,130 sqft RM310 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM250,000

RM219 psf

Median transaction price

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Plaza Mahkota, 75000 Melaka, Malaysia

Maps

Plaza Mahkota in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 1,125 and 1,174 sqft, with a median price of RM250K and a median price per square foot (PSF) of RM219.

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 RM250K, with most transactions falling within a stable range of RM150K to RM350K, and a typical market range of RM150K to RM350K.

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

Price per square foot shows a median of RM219, though individual units vary from RM129 to RM310 in the core range. The broader market spans RM0.00 to RM466.23, indicating diverse property characteristics. A wider spread (IQR: RM493.75) and deviation (MAD: RM90) 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.