PLAZA MELAKA

PLAZA MELAKA in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 800K and a median price per square foot (PSF) of RM 520.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 4 - 4 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 520, with most transactions between RM 520 and RM 520. The usual range is RM 503.75 to RM 536.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.