PLAZA MAHKOTA

PLAZA MAHKOTA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, priced between RM 750K and RM 2.00 million, with a median price of RM 1.06 million and a median price per square foot (PSF) of RM 248.

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 1.06 million, with most transactions falling within a stable range of RM 860K to RM 1.25 million, and a typical market range of RM 860K to RM 1.25 million.

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

The median PSF stands at RM 248, with core pricing between RM 202 and RM 294. Market pricing typically extends from RM 1.25 to RM 495.01, reflecting moderate variation in unit pricing. The spread of RM 493.75 (IQR) and deviation of RM 46 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.