TAMAN ALAM DAMAI (DAMAI NIAGA)

Area Intelligence
4 subsale transactions
2022
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Median Price
RM 1,840,000
PSF: RM 1,153

Commercial PSF Trends

Median Price

RM 1,840,000

RM 1,153 PSF

TAMAN ALAM DAMAI (DAMAI NIAGA) in Kuala Lumpur, Kuala Lumpur recorded 4 subsale transactions in 2022, with a median price of RM 1.84 million and a median price per square foot (PSF) of RM 1,153.

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 1.84 million, with most transactions falling within a stable range of RM 1.47 million to RM 2.49 million, and a typical market range of RM 1.64 million to RM 2.04 million.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 1,153, with core pricing between RM 1,018 and RM 1,288. Market pricing typically extends from RM 1,023.00 to RM 1,283.00, reflecting moderate variation in unit pricing. With an IQR of RM 260.00 and MAD of RM 135, 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 ALAM DAMAI (DAMAI NIAGA), Kuala Lumpur, Kuala Lumpur

OSM

Transactions

4 transactions grouped by size

1,550 sqft
3-Storey Shop
RM 1,880,000
JALAN DAMAI NIAGA 1
1,550 sqft · RM 1,213.00 PSF
Jun 2022
1,650 sqft
Double Storey Shop
RM 1,473,000
DAMAI CIRCLE 2
1,647 sqft · RM 894.00 PSF
Oct 2022
RM 1,800,000
JALAN DAMAI NIAGA 1
1,647 sqft · RM 1,093.00 PSF
Oct 2022
2,550 sqft
Double Storey Shop
RM 3,173,000
DAMAI CIRCLE 2
2,573 sqft · RM 1,233.00 PSF
May 2022