PLAZA MAHKOTA

Area Intelligence

2022

Median Price

RM 150,000

PSF: RM 146

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Commercial PSF Trends

Median Price

RM 245,000

RM 251 PSF

PLAZA MAHKOTA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 150K and a median price per square foot (PSF) of RM 146.

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 150K, with most transactions falling within a stable range of RM 148K to RM 150K, and a typical market range of RM 145K to RM 150K.

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

For price per square foot, the median is RM 146, with most transactions between RM 138 and RM 155. The usual range is RM 0.00 to RM 392.88, showing that most units are priced quite close to each other. With an IQR of RM 493.75 and MAD of RM 9, 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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