PLAZA MAHKOTA

Area Intelligence

2022

Median Price

RM 242,500

PSF: RM 259

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Commercial PSF Trends

Median Price

RM 340,000

RM 372 PSF

PLAZA MAHKOTA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 243K and a median price per square foot (PSF) of RM 259.

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 259, with most transactions between RM 259 and RM 259. The usual range is RM 12.13 to RM 505.88, 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. 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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