SOUTHBANK RESIDENCE

SOUTHBANK RESIDENCE in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions in 2023, with a median price of RM 392K and a median price per square foot (PSF) of RM 687.

This area contains both residential and commercial properties. View 14 residential properties or 14 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 392K, with most transactions falling within a stable range of RM 389K to RM 481K, and a typical market range of RM 389K to RM 468K.

Most transactions involved office lot, with moderate diversity in property types available.

For price per square foot, the median is RM 687, with most transactions between RM 676 and RM 698. The usual range is RM 660.50 to RM 713.50, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 11, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.