TAMAN RAINBOW

TAMAN RAINBOW in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions in 2023, with a median price of RM 750K and a median price per square foot (PSF) of RM 383.

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 694K to RM 780K, and a typical market range of RM 650K to RM 780K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 383, with core pricing between RM 307 and RM 459. Market pricing typically extends from RM 260.50 to RM 505.50, reflecting moderate variation in unit pricing. The spread of RM 245.00 (IQR) and deviation of RM 76 (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.