Kuala Lumpur, Kuala Lumpur, Mukim Setapak

MAXIM CITILIGHTS

Area Intelligence

2023

Median Price

RM 399,000

PSF: RM 464

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Residential PSF Trends

Median Price

RM 399,000

PSF: RM 464

Commercial PSF Trends

Median Price

RM 979,000

RM 494 PSF

MAXIM CITILIGHTS in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2023, with a median price of RM 399K and a median price per square foot (PSF) of RM 464.

This area contains both residential and commercial properties. View 98 residential properties or 14 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 399K, with most transactions falling within a stable range of RM 298K to RM 500K, and a typical market range of RM 339K to RM 459K.

Most transactions involved service apartment, though some variety exists in the market.

Price per square foot shows a median of RM 464, though individual units vary from RM 346 to RM 581 in the core range. The broader market spans RM 399.63 to RM 527.38, indicating diverse property characteristics. A wider spread (IQR: RM 127.75) and deviation (MAD: RM 118) indicate significant PSF variations, likely due to diverse property types or conditions.

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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MAXIM CITILIGHTS, Kuala Lumpur, Kuala Lumpur

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