PLAZA ARCADIA, DESA PARKCITY

PLAZA ARCADIA, DESA PARKCITY in Kuala Lumpur, Kuala Lumpur recorded 22 subsale transactions in 2023, with a median price of RM 2.25 million and a median price per square foot (PSF) of RM 1,219.

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 2.25 million, with most transactions falling within a stable range of RM 600K to RM 4.38 million, and a typical market range of RM 820K to RM 3.68 million.

Most transactions involved shop unit/retail lot, with moderate diversity in property types available.

Price per square foot shows a median of RM 1,219, though individual units vary from RM 682 to RM 1,756 in the core range. The broader market spans RM 793.25 to RM 1,644.75, indicating diverse property characteristics. A wider spread (IQR: RM 851.50) and deviation (MAD: RM 537) 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. Moderate transaction volume may require patience when buying or selling.