PLZA JAYA MUDA (ORCHARD POINT)

PLZA JAYA MUDA (ORCHARD POINT) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 100K and a median price per square foot (PSF) of RM 157.

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 RM 100K, with most transactions falling within a stable range of RM 80K to RM 120K, and a typical market range of RM 85K to RM 115K.

Most transactions involved office lot, with minimal variety in property types.

Price per square foot shows a median of RM 157, though individual units vary from RM 61 to RM 253 in the core range. The broader market spans RM 106.75 to RM 207.25, indicating diverse property characteristics. A wider spread (IQR: RM 100.50) and deviation (MAD: RM 96) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.