DIAMOND RESIDENCE

DIAMOND RESIDENCE in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 422.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 350K to RM 650K, and a typical market range of RM 425K to RM 575K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 422, with most transactions between RM 406 and RM 438. The usual range is RM 414.00 to RM 430.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.00 and an average deviation (MAD) of RM 16 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.