SKYMERIDIEN RESIDENCE

SKYMERIDIEN RESIDENCE in Kuala Lumpur, Kuala Lumpur recorded 95 subsale transactions in 2021, with a median price of RM 691K and a median price per square foot (PSF) of RM 663.

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 691K, with most transactions falling within a stable range of RM 528K to RM 854K, and a typical market range of RM 539K to RM 843K.

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

Price per square foot shows a median of RM 663, though individual units vary from RM 431 to RM 895 in the core range. The broader market spans RM 630.50 to RM 695.50, indicating diverse property characteristics. A wider spread (IQR: RM 65.00) and deviation (MAD: RM 232) 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. Moderate transaction volume may require patience when buying or selling.