PLAZA MAHKOTA

Area Intelligence

2024

Median Price

RM 800,000

PSF: RM 188

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Commercial PSF Trends

Median Price

RM 800,000

RM 188 PSF

PLAZA MAHKOTA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, priced between RM 750K and RM 1.00 million, with a median price of RM 800K and a median price per square foot (PSF) of RM 188.

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 188, with most transactions between RM 188 and RM 188. The usual range is RM 0.00 to RM 435.03, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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PLAZA MAHKOTA, Melaka Tengah, Melaka

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