WISMA 730 (THE TRAX) in Kuala Lumpur, Kuala Lumpur recorded 1 subsale transactions in 2022, with a median price of RM 330K and a median price per square foot (PSF) of RM 547.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 330K, with most transactions falling within a stable range of RM 212K to RM 448K, and a typical market range of RM 206K to RM 454K.
Most transactions involved office lot, with minimal variety in property types.
The median PSF stands at RM 547, with core pricing between RM 457 and RM 637. Market pricing typically extends from RM 453.00 to RM 641.00, reflecting moderate variation in unit pricing. The spread of RM 188.00 (IQR) and deviation of RM 90 (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.
