Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Pm3
|
RM 800,000
|
RM 188
|
4,252 sqft
|
|
4-Sty Shop |
|
Level 1
|
RM 435,000
|
RM 475
|
915 sqft
|
|
Shop |
| 2023 | |||||
|
Jalan Pm2
|
RM 1,250,000
|
RM 294
|
4,252 sqft
|
|
4-Sty Shop |
|
Jalan Pm 3
|
RM 2,340,000
|
RM 484
|
4,833 sqft
|
|
4-Sty Shop |
|
Jalan Pm 3
|
RM 860,000
|
RM 202
|
4,252 sqft
|
|
4-Sty Shop |
|
Level 3
|
RM 160,000
|
RM 167
|
958 sqft
|
|
Office |
|
Level 4
|
RM 150,000
|
RM 157
|
958 sqft
|
|
Office |
|
Level 3
|
RM 175,000
|
RM 183
|
958 sqft
|
|
Office |
|
Level 2
|
RM 200,000
|
RM 209
|
958 sqft
|
|
Office |
|
Level 4
|
RM 160,000
|
RM 167
|
958 sqft
|
|
Office |
| 2022 | |||||
|
Level 1
|
RM 340,000
|
RM 372
|
915 sqft
|
|
Shop |
|
Level 4
|
RM 145,000
|
RM 146
|
990 sqft
|
|
Condo |
|
Level 3
|
RM 150,000
|
RM 129
|
1,163 sqft
|
|
Office |
| 2021 | |||||
|
Jalan Pm 4
|
RM 650,000
|
RM 158
|
4,101 sqft
|
|
4-Sty Shop |
|
Jalan Pm 5
|
RM 700,000
|
RM 171
|
4,101 sqft
|
|
4-Sty Shop |
|
Level 1
|
RM 350,000
|
RM 310
|
1,130 sqft
|
|
Shop |
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Market Snapshot
CommercialRM 350,000
RM 372 psfMedian transaction price
Plaza Mahkota, 75000 Melaka, Malaysia
MapsPlaza Mahkota in Melaka Tengah, Melaka recorded 16 subsale transactions between 2021 and 2026, with a median price of RM 345K and a median price per square foot (PSF) of RM 202.
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 office lot, with high diversity across multiple property types.
Price per square foot shows a median of RM 202, though individual units vary from RM 13 to RM 392 in the core range. The broader market spans RM 0.00 to RM 449.15, 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.