PLAZA MAHKOTA

Area Intelligence

2021

Median Price

RM 650,000

PSF: RM 592

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Commercial PSF Trends

Median Price

RM 650,000

RM 592 PSF

PLAZA MAHKOTA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 650K and a median price per square foot (PSF) of RM 592.

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 650K, with most transactions falling within a stable range of RM 495K to RM 700K, and a typical market range of RM 368K to RM 700K.

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

Price per square foot shows a median of RM 592, though individual units vary from RM 447 to RM 737 in the core range. The broader market spans RM 345.13 to RM 838.88, indicating diverse property characteristics. The spread of RM 493.75 (IQR) and deviation of RM 145 (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. 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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