MERC RESIDENCE

MERC RESIDENCE in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2022, with a median price of RM 585K and a median price per square foot (PSF) of RM 524.

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 585K, with most transactions falling within a stable range of RM 490K to RM 680K, and a typical market range of RM 538K to RM 633K.

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

For price per square foot, the median is RM 524, with most transactions between RM 479 and RM 569. The usual range is RM 496.00 to RM 552.00, showing that most units are priced quite close to each other. With an IQR of RM 56.00 and MAD of RM 45, the PSF demonstrates reasonable consistency across the market.

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.