THE PLAZA

THE PLAZA in Kuala Lumpur, Kuala Lumpur recorded 5 subsale transactions in 2023, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 553.

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 1.00 million, with most transactions falling within a stable range of RM 741K to RM 1.19 million, and a typical market range of RM 571K to RM 1.19 million.

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

The median PSF stands at RM 553, with core pricing between RM 485 and RM 621. Market pricing typically extends from RM 234.00 to RM 872.00, reflecting moderate variation in unit pricing. With an IQR of RM 638.00 and MAD of RM 68, 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. Limited transaction history suggests carefully evaluating comparable sales data.