163 SERVICE SUITES

163 SERVICE SUITES in Kuala Lumpur, Kuala Lumpur recorded 21 subsale transactions in 2023, with a median price of RM 824K and a median price per square foot (PSF) of RM 912.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 824K, with most transactions falling within a stable range of RM 543K to RM 1.11 million, and a typical market range of RM 637K to RM 1.01 million.

Most transactions involved service apartment, with minimal variety in property types.

Price per square foot shows a median of RM 912, though individual units vary from RM 679 to RM 1,145 in the core range. The broader market spans RM 763.00 to RM 1,061.00, indicating diverse property characteristics. A wider spread (IQR: RM 298.00) and deviation (MAD: RM 233) 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. Moderate transaction volume may require patience when buying or selling.