BANGSAR SOUTH

BANGSAR SOUTH in Kuala Lumpur, Kuala Lumpur recorded 20 subsale transactions in 2023, with a median price of RM 920K and a median price per square foot (PSF) of RM 1,032.

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 920K, with most transactions falling within a stable range of RM 713K to RM 3.37 million, and a typical market range of RM 715K to RM 1.12 million.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 1,032, with most transactions between RM 932 and RM 1,131. The usual range is RM 980.88 to RM 1,082.13, showing that most units are priced quite close to each other. With an IQR of RM 101.25 and MAD of RM 99, the PSF demonstrates reasonable consistency across the market.

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.