BEDFORD BUSINESS PARK

BEDFORD BUSINESS PARK in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions in 2023, with a median price of RM 630K and a median price per square foot (PSF) of RM 686.

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 630K, with most transactions falling within a stable range of RM 417K to RM 828K, and a typical market range of RM 419K to RM 828K.

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

For price per square foot, the median is RM 686, with most transactions between RM 655 and RM 717. The usual range is RM 671.88 to RM 700.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.25 and an average deviation (MAD) of RM 31 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.