IKON CONNAUGHT

IKON CONNAUGHT in Kuala Lumpur, Kuala Lumpur recorded 4 subsale transactions in 2022, with a median price of RM 868K and a median price per square foot (PSF) of RM 525.

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 868K, with most transactions falling within a stable range of RM 535K to RM 1.20 million, and a typical market range of RM 730K to RM 1.00 million.

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

For price per square foot, the median is RM 525, with most transactions between RM 525 and RM 525. The usual range is RM 512.50 to RM 537.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 0 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.