Merc Residence

Merc Residence in Kuala Lumpur, Kuala Lumpur recorded 0 subsale transactions in 2023, with a median price of RM 630K and a median price per square foot (PSF) of RM 569.

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 630K, with most transactions falling within a stable range of RM 580K to RM 680K, and a typical market range of RM 583K to RM 678K.

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

For price per square foot, the median is RM 569, with most transactions between RM 547 and RM 591. The usual range is RM 541.00 to RM 597.00, showing that most units are priced quite close to each other. With an IQR of RM 56.00 and MAD of RM 22, 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.