Kuala Lumpur, Kuala Lumpur, Mukim Kuala Lumpur

TAMAN RAKYAT

Area Intelligence

2022

Median Price

RM 750,000

PSF: RM 488

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Residential PSF Trends

Median Price

RM 750,000

PSF: RM 488

TAMAN RAKYAT in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2022, with a median price of RM 750K and a median price per square foot (PSF) of RM 488.

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 700K to RM 800K, and a typical market range of RM 700K to RM 800K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 488, with most transactions between RM 455 and RM 520. The usual range is RM 447.25 to RM 527.75, showing that most units are priced quite close to each other. With an IQR of RM 80.50 and MAD of RM 33, 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.

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TAMAN RAKYAT, Kuala Lumpur, Kuala Lumpur

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