SKYMERIDIEN RESIDENCE

SKYMERIDIEN RESIDENCE in Kuala Lumpur, Kuala Lumpur recorded 50 subsale transactions in 2021, with a median price of RM 511K and a median price per square foot (PSF) of RM 710.

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 511K, with most transactions falling within a stable range of RM 428K to RM 594K, and a typical market range of RM 359K to RM 663K.

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

For price per square foot, the median is RM 710, with most transactions between RM 676 and RM 744. The usual range is RM 677.00 to RM 742.00, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 34, 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. Moderate transaction volume may require patience when buying or selling.