WISMA ZELAN (NUMBER ONE BUSINESS CENTRE)

Area Intelligence
2022
Median Price
RM 158,000
PSF: RM 193

Commercial PSF Trends

Median Price

RM 158,000

RM 193 PSF

WISMA ZELAN (NUMBER ONE BUSINESS CENTRE) in Kuala Lumpur, Kuala Lumpur recorded 1 subsale transactions in 2022, with a median price of RM 158K and a median price per square foot (PSF) of RM 193.

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 158K, with most transactions falling within a stable range of RM 119K to RM 198K, and a typical market range of RM 120K to RM 196K.

Most transactions involved office lot, though some variety exists in the market.

For price per square foot, the median is RM 193, with most transactions between RM 186 and RM 201. The usual range is RM 186.00 to RM 200.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.00 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

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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WISMA ZELAN (NUMBER ONE BUSINESS CENTRE), Kuala Lumpur, Kuala Lumpur

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