Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pm 4
|
RM 650,000
|
RM 158
|
4,101 sqft
|
|
|
|
Jalan Pm 5
|
RM 700,000
|
RM 171
|
4,101 sqft
|
|
|
Jalan Pm3
|
RM 800,000
|
RM 188
|
4,252 sqft
|
|
|
|
Jalan Pm2
|
RM 1,250,000
|
RM 294
|
4,252 sqft
|
|
|
|
Jalan Pm 3
|
RM 860,000
|
RM 202
|
4,252 sqft
|
|
|
Jalan Pm 3
|
RM 2,340,000
|
RM 484
|
4,833 sqft
|
|
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Market Snapshot
CommercialRM 830,000
RM 195 psfMedian transaction price
Plaza Mahkota, 75000 Melaka, Malaysia
MapsPlaza Mahkota in Melaka Tengah, Melaka recorded 6 4-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 830K and a median price per square foot (PSF) of RM 195.
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 830K, with most transactions falling within a stable range of RM 650K to RM 1.42 million, and a typical market range of RM 650K to RM 1.11 million.
Within the 4-Storey Shop category, office lot dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 195, though individual units vary from RM 82 to RM 309 in the core range. The broader market spans RM 0.00 to RM 442.09, indicating diverse property characteristics. A wider spread (IQR: RM 493.75) and deviation (MAD: RM 114) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.