MERCU SUMMER SUITES

Area Intelligence
5 subsale transactions
2024
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Median Price
RM 640,000
PSF: RM 985

Residential PSF Trends

Median Price

RM 430,000

PSF: RM 843

Commercial PSF Trends

Median Price

RM 640,000

RM 985 PSF

MERCU SUMMER SUITES in Kuala Lumpur, Kuala Lumpur recorded 5 subsale transactions in 2024, with a median price of RM 640K and a median price per square foot (PSF) of RM 985.

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 640K, with most transactions falling within a stable range of RM 350K to RM 1.70 million, and a typical market range of RM 588K to RM 692K.

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

Price per square foot shows a median of RM 985, though individual units vary from RM 750 to RM 1,220 in the core range. The broader market spans RM 924.25 to RM 1,045.75, indicating diverse property characteristics. The spread of RM 121.50 (IQR) and deviation of RM 235 (MAD) suggest moderate price variations reflecting different property features.

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.

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MERCU SUMMER SUITES, Kuala Lumpur, Kuala Lumpur

OSM

Transactions

5 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
350 sqft
SOHO/SOFO/SOVO
RM 350,000
Level G
355 sqft · RM 985.00 PSF
Jan 2024
650 sqft
SOHO/SOFO/SOVO
RM 500,000
Level 30
635 sqft · RM 787.00 PSF
Mar 2024
1,150 sqft
Office Lot
RM 640,000
Level 11
1,130 sqft · RM 566.00 PSF
Aug 2024
1,350 sqft
SOHO/SOFO/SOVO
RM 1,570,000
Level G
1,335 sqft · RM 1,176.00 PSF
Jun 2024
2,700 sqft
SOHO/SOFO/SOVO
RM 3,200,000
Level 1
2,723 sqft · RM 1,175.00 PSF
Jun 2024