Binova Industri Area
Perdana Botanical Gardens, 50480 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
Perdana Botanical Gardens, 50480 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 4
|
RM 275,000
|
RM 173
|
1,593 sqft
|
|
Industrial |
| 2023 | |||||
|
Level 2
|
RM 198,000
|
RM 180
|
1,098 sqft
|
|
Industrial |
|
Level 1
|
RM 230,000
|
RM 204
|
1,130 sqft
|
|
Industrial |
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Perdana Botanical Gardens, 50480 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
MapsBinova Industri Area in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions between 2021 and 2026, priced up to RM 300K, with a median price of RM 230K and a median price per square foot (PSF) of RM 180.
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 230K, with most transactions falling within a stable range of RM 198K to RM 262K, and a typical market range of RM 198K to RM 275K.
Most transactions involved industrial unit, with minimal variety in property types.
For price per square foot, the median is RM 180, with most transactions between RM 167 and RM 193. The usual range is RM 176.47 to RM 184.22, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 7.75 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.
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.