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Selling in Plaza Melaka? Homes here sold for a median of RM800,000.
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Plaza Melaka
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Bdr Melaka
Bandar Melaka, Malacca, Malaysia
MapsPlaza Melaka in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM800K and a median price per square foot (PSF) of RM520.
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 RM520, with most transactions between RM520 and RM520. The usual range is RM503.75 to RM536.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM32.50 and an average deviation (MAD) of RM0 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.