BINJAI RESIDENCY

BINJAI RESIDENCY in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions in 2024, with a median price of RM 1.80 million and a median price per square foot (PSF) of RM 816.

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 1.80 million, with most transactions falling within a stable range of RM 1.60 million to RM 3.92 million, and a typical market range of RM 1.60 million to RM 2.44 million.

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

For price per square foot, the median is RM 816, with most transactions between RM 766 and RM 866. The usual range is RM 805.50 to RM 826.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 21.00 and an average deviation (MAD) of RM 50 indicate a highly stable PSF trend across properties.

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.