WISMA 730 (THE TRAX) in Kuala Lumpur, Kuala Lumpur recorded 6 subsale transactions in 2023, with a median price of RM 432K and a median price per square foot (PSF) of RM 431.
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 432K, with most transactions falling within a stable range of RM 314K to RM 550K, and a typical market range of RM 308K to RM 556K.
Most transactions involved office lot, with minimal variety in property types.
Price per square foot shows a median of RM 431, though individual units vary from RM 341 to RM 521 in the core range. The broader market spans RM 336.50 to RM 524.50, indicating diverse property characteristics. 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
