Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 150,000
|
RM 129
|
1,163 sqft
|
|
Office |
|
Level 1
|
RM 350,000
|
RM 310
|
1,130 sqft
|
|
Shop |
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Market Snapshot
CommercialRM 250,000
RM 219 psfMedian transaction price
Plaza Mahkota, 75000 Melaka, Malaysia
MapsPlaza Mahkota in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 1,125 and 1,174 sqft, with a median price of RM 250K and a median price per square foot (PSF) of RM 219.
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 250K, with most transactions falling within a stable range of RM 150K to RM 350K, and a typical market range of RM 150K to RM 350K.
Most transactions involved office lot, with high diversity across multiple property types.
Price per square foot shows a median of RM 219, though individual units vary from RM 129 to RM 310 in the core range. The broader market spans RM 0.00 to RM 466.23, indicating diverse property characteristics. A wider spread (IQR: RM 493.75) and deviation (MAD: RM 90) 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.