PLAZA MAHKOTA

Area Intelligence

2024

Median Price

RM 617,500

PSF: RM 602

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Commercial PSF Trends

Median Price

RM 617,500

RM 602 PSF

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.

Most transactions involved office lot, with high diversity across multiple property types.

For price per square foot, the median is RM 602, with most transactions between RM 602 and RM 602. The usual range is RM 355.13 to RM 848.88, showing that most units are priced quite close to each other. With an IQR of RM 493.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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

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