SKYMERIDIEN RESIDENCE in Kuala Lumpur, Kuala Lumpur recorded 73 subsale transactions in 2022, with a median price of RM 803K and a median price per square foot (PSF) of RM 666.
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 803K, with most transactions falling within a stable range of RM 720K to RM 886K, and a typical market range of RM 651K to RM 955K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 666, with most transactions between RM 632 and RM 700. The usual range is RM 633.50 to RM 698.50, 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.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.