PLAZA MAHKOTA

PLAZA MAHKOTA in Melaka Tengah, Melaka recorded 6 4-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey storey shop properties, with a median price of RM 830K and a median price per square foot (PSF) of RM 756.

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 830K, with most transactions falling within a stable range of RM 650K to RM 1.42 million, and a typical market range of RM 650K to RM 1.11 million.

Within the 4-Storey Storey Shop category, 4 - 4 1/2 storey shop dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 756, though individual units vary from RM 351 to RM 1,161 in the core range. The broader market spans RM 509.13 to RM 1,002.88, indicating diverse property characteristics. A wider spread (IQR: RM 493.75) and deviation (MAD: RM 405) 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.