PLAZA MAHKOTA

Area Intelligence
16 subsale transactions
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Median Price
RM 345,000
PSF: RM 341

Residential PSF Trends

Median Price

RM 145,000

PSF: RM 146

Commercial PSF Trends

Median Price

RM 350,000

RM 372 PSF

PLAZA MAHKOTA in Melaka Tengah, Melaka recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 345K and a median price per square foot (PSF) of RM 341.

This area contains both residential and commercial properties. View 1 residential properties or 15 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 345K, with most transactions falling within a stable range of RM 150K to RM 540K, and a typical market range of RM 145K to RM 628K.

Most transactions involved 4 - 4 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 341, though individual units vary from RM 152 to RM 531 in the core range. The broader market spans RM 94.13 to RM 587.88, indicating diverse property characteristics. A wider spread (IQR: RM 493.75) and deviation (MAD: RM 190) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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PLAZA MAHKOTA, Melaka Tengah, Melaka

OSM

Transactions

16 transactions grouped by size

900 sqft
Shop/Retail Lot
RM 435,000
Level 1
915 sqft · RM 475.00 PSF
Jun 2024
RM 340,000
Level 1
915 sqft · RM 372.00 PSF
Oct 2022
950 sqft
Office Lot
RM 160,000
Level 3
958 sqft · RM 167.00 PSF
Apr 2023
RM 150,000
Level 4
958 sqft · RM 157.00 PSF
Apr 2023
RM 175,000
Level 3
958 sqft · RM 183.00 PSF
Mar 2023
RM 200,000
Level 2
958 sqft · RM 209.00 PSF
Feb 2023
RM 160,000
Level 4
958 sqft · RM 167.00 PSF
Feb 2023
1,000 sqft
Condo/Apartment
RM 145,000
Level 4
990 sqft · RM 146.00 PSF
Sep 2022
1,100 sqft
4-Storey Shop
RM 800,000
JALAN PM3
1,098 sqft · RM 729.00 PSF
Jun 2024
RM 1,250,000
JALAN PM2
1,098 sqft · RM 1,139.00 PSF
Dec 2023
RM 860,000
JALAN PM 3
1,098 sqft · RM 783.00 PSF
May 2023
RM 650,000
JALAN PM 4
1,098 sqft · RM 592.00 PSF
Dec 2021
RM 700,000
JALAN PM 5
1,098 sqft · RM 638.00 PSF
Nov 2021
1,150 sqft
RM 150,000
Office Lot Level 3
1,163 sqft · RM 129.00 PSF
Jan 2022
RM 350,000
Shop/Retail Lot Level 1
1,130 sqft · RM 310.00 PSF
Aug 2021
1,350 sqft
4-Storey Shop
RM 2,340,000
JALAN PM 3
1,335 sqft · RM 1,753.00 PSF
Jun 2023