PLAZA MAHKOTA

PLAZA MAHKOTA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 618K and a median price per square foot (PSF) of RM 602.

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 618K, with most transactions falling within a stable range of RM 435K to RM 800K, and a typical market range of RM 435K to RM 800K.

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 602, though individual units vary from RM 475 to RM 729 in the core range. The broader market spans RM 355.13 to RM 848.88, indicating diverse property characteristics. The spread of RM 493.75 (IQR) and deviation of RM 127 (MAD) suggest moderate price variations reflecting different property features.

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.