Tong Nam Building

Tong Nam Building in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2023, with a median price of RM 545K and a median price per square foot (PSF) of RM 439.

This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 545K, with most transactions falling within a stable range of RM 190K to RM 900K, and a typical market range of RM 456K to RM 634K.

Most transactions involved flats, though some variety exists in the market.

Price per square foot shows a median of RM 439, though individual units vary from RM 249 to RM 629 in the core range. The broader market spans RM 362.64 to RM 514.64, indicating diverse property characteristics. A wider spread (IQR: RM 152.00) and deviation (MAD: RM 190) indicate significant PSF variations, likely due to diverse property types or conditions.

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.