COSTA MAHKOTA

Area Intelligence

2022

Median Price

RM 305,000

PSF: RM 263

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Residential PSF Trends

Median Price

RM 305,000

PSF: RM 263

Commercial PSF Trends

Median Price

RM 206,500

RM 327 PSF

COSTA MAHKOTA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 305K and a median price per square foot (PSF) of RM 263.

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 305K, with most transactions falling within a stable range of RM 290K to RM 320K, and a typical market range of RM 290K to RM 320K.

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

For price per square foot, the median is RM 263, with most transactions between RM 254 and RM 272. The usual range is RM 231.38 to RM 294.63, showing that most units are priced quite close to each other. With an IQR of RM 63.25 and MAD of RM 9, 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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