BANDAR MENJALARA (DESA SERI MAHKOTA)

BANDAR MENJALARA (DESA SERI MAHKOTA) in Kuala Lumpur, Kuala Lumpur recorded 29 subsale transactions in 2023, with a median price of RM 750K and a median price per square foot (PSF) of RM 619.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 750K, with most transactions falling within a stable range of RM 436K to RM 1.06 million, and a typical market range of RM 560K to RM 940K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 619, with core pricing between RM 499 and RM 739. Market pricing typically extends from RM 534.38 to RM 703.63, reflecting moderate variation in unit pricing. The spread of RM 169.25 (IQR) and deviation of RM 120 (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. Moderate transaction volume may require patience when buying or selling.