PLAZA MELAKA

Area Intelligence

Median Price

RM 800,000

PSF: RM 118

PLAZA MELAKA in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2025, priced between RM 750K and RM 2.00 million, with a median price of RM 800K and a median price per square foot (PSF) of RM 118.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 800K, with most transactions falling within a stable range of RM 800K to RM 847K, and a typical market range of RM 800K to RM 825K.

Most transactions involved 4 - 4 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 118, with most transactions between RM 110 and RM 126. The usual range is RM 101.54 to RM 134.04, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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PLAZA MELAKA, Melaka Tengah, Melaka

OSM