MERCU SUMMER SUITES

MERCU SUMMER SUITES in Kuala Lumpur, Kuala Lumpur recorded 8 subsale transactions in 2023, with a median price of RM 424K and a median price per square foot (PSF) of RM 807.

This area contains both residential and commercial properties. View 13 residential properties or 17 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 424K, with most transactions falling within a stable range of RM 392K to RM 456K, and a typical market range of RM 372K to RM 460K.

Most transactions involved service apartment, with high diversity across multiple property types.

The median PSF stands at RM 807, with core pricing between RM 716 and RM 898. Market pricing typically extends from RM 746.25 to RM 867.75, reflecting moderate variation in unit pricing. With an IQR of RM 121.50 and MAD of RM 91, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.