Area Intelligence

PLAZA MAHKOTA

16 properties
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Median Price
RM 345,000
PSF: RM 341

Residential Market

Median Price

RM 145,000

RM 146 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 350,000

IQR: RM 509
MAD: RM 215
RM 372 PSF 0.6%

PSF Trends (2021-2025)

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.

Area Location

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PLAZA MAHKOTA, Melaka Tengah, Melaka

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Transactions

16 properties found

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