Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Pm3
|
RM 800,000
|
RM 188
|
4,252 sqft
|
|
4-Sty Shop |
| 2023 | |||||
|
Jalan Pm2
|
RM 1,250,000
|
RM 294
|
4,252 sqft
|
|
4-Sty Shop |
|
Jalan Pm 3
|
RM 860,000
|
RM 202
|
4,252 sqft
|
|
4-Sty Shop |
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Market Snapshot
CommercialRM 860,000
RM 202 psfMedian transaction price
Plaza Mahkota, 75000 Melaka, Malaysia
MapsPlaza Mahkota in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, sized between 4,225 and 4,274 sqft, with a median price of RM 860K 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 860K, with most transactions falling within a stable range of RM 800K to RM 1.06 million, and a typical market range of RM 800K to RM 1.14 million.
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 155 to RM 249 in the core range. The broader market spans RM 0.00 to RM 449.15, indicating diverse property characteristics. The spread of RM 493.75 (IQR) and deviation of RM 47 (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.