PLAZA MAHKOTA

PLAZA MAHKOTA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 1,139.

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 1.25 million, with most transactions falling within a stable range of RM 860K to RM 1.88 million, and a typical market range of RM 968K to RM 1.53 million.

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

Price per square foot shows a median of RM 1,139, though individual units vary from RM 738 to RM 1,540 in the core range. The broader market spans RM 892.13 to RM 1,385.88, indicating diverse property characteristics. A wider spread (IQR: RM 493.75) and deviation (MAD: RM 401) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.