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Plaza Mahkota
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM387,500
RM424 psfMedian transaction price
Plaza Mahkota, 75000 Melaka, Malaysia
MapsPlaza Mahkota in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM388K and a median price per square foot (PSF) of RM424.
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 RM388K, with most transactions falling within a stable range of RM340K to RM435K, and a typical market range of RM340K to RM435K.
Most transactions involved office lot, with high diversity across multiple property types.
The median PSF stands at RM424, with core pricing between RM372 and RM475. Market pricing typically extends from RM176.65 to RM670.41, reflecting moderate variation in unit pricing. With an IQR of RM493.75 and MAD of RM52, 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.