Plaza Melaka

Bandar Melaka, Malacca, Malaysia

Property Transactions

2 subsales found

Median
RM850,000
PSF
RM125
Price Size
Period
transactions middle 50% (P25–P75)
RM900,000
Jalan Gajah Berang
6,792 sqft RM133 PSF
RM800,000
Gajah Berang
6,792 sqft RM118 PSF
Legend Recent Highest Price Highest PSF

Selling in Plaza Melaka? Homes here sold for a median of RM850,000.

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Bandar Melaka, Malacca, Malaysia

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Plaza Melaka in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 6,775 and 6,824 sqft, with a median price of RM850K and a median price per square foot (PSF) of RM125.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM850K, with most transactions falling within a stable range of RM800K to RM900K, and a typical market range of RM825K to RM875K.

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

For price per square foot, the median is RM125, with most transactions between RM118 and RM133. The usual range is RM108.90 to RM141.40, showing that most units are priced quite close to each other. A typical spread (IQR) of RM32.50 and an average deviation (MAD) of RM7 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.