163 SERVICE SUITES

163 SERVICE SUITES in Kuala Lumpur, Kuala Lumpur recorded 15 subsale transactions in 2024, with a median price of RM 775K and a median price per square foot (PSF) of RM 1,199.

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 775K, with most transactions falling within a stable range of RM 483K to RM 1.07 million, and a typical market range of RM 588K to RM 962K.

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

For price per square foot, the median is RM 1,199, with most transactions between RM 1,084 and RM 1,314. The usual range is RM 1,050.00 to RM 1,348.00, showing that most units are priced quite close to each other. With an IQR of RM 298.00 and MAD of RM 115, the PSF demonstrates reasonable consistency across the market.

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.