COSTA MAHKOTA

Area Intelligence

2023

Median Price

RM 325,000

PSF: RM 256

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Residential PSF Trends

Median Price

RM 325,000

PSF: RM 256

COSTA MAHKOTA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 325K and a median price per square foot (PSF) of RM 256.

This area contains both residential and commercial properties. View 82 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 325K, with most transactions falling within a stable range of RM 320K to RM 330K, and a typical market range of RM 320K to RM 330K.

Most transactions involved service apartment, though some variety exists in the market.

For price per square foot, the median is RM 256, with most transactions between RM 254 and RM 258. The usual range is RM 224.24 to RM 287.49, showing that most units are priced quite close to each other. With an IQR of RM 63.25 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.

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.

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COSTA MAHKOTA, Melaka Tengah, Melaka

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