Kuala Lumpur, Kuala Lumpur, Kuala Lumpur Town Centre

PUTRA MAJESTIK

Area Intelligence

2023

Median Price

RM 499,000

PSF: RM 477

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Residential PSF Trends

Median Price

RM 499,000

PSF: RM 465

Commercial PSF Trends

Median Price

RM 2,600,000

RM 2,570 PSF

PUTRA MAJESTIK in Kuala Lumpur, Kuala Lumpur recorded 10 subsale transactions in 2023, with a median price of RM 499K and a median price per square foot (PSF) of RM 477.

This area contains both residential and commercial properties. View 55 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 499K, with most transactions falling within a stable range of RM 448K to RM 499K, and a typical market range of RM 427K to RM 499K.

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

The median PSF stands at RM 477, with core pricing between RM 416 and RM 537. Market pricing typically extends from RM 396.38 to RM 556.63, reflecting moderate variation in unit pricing. With an IQR of RM 160.25 and MAD of RM 60, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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PUTRA MAJESTIK, Kuala Lumpur, Kuala Lumpur

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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,000 sqft

Service Apartment

1,000 sqft

Service Apartment

RM 475,000

Level 7

1,023 sqft · RM 465 PSF

Oct 2023

RM 420,000

Level 25

1,012 sqft · RM 415 PSF

Aug 2023

RM 499,000

Level 7

1,023 sqft · RM 488 PSF

Apr 2023

RM 499,000

Level 12

1,012 sqft · RM 493 PSF

Mar 2023

Level 7	RM 475,000	RM 465	1,023 sqft	Oct 2023
Level 25	RM 420,000	RM 415	1,012 sqft	Aug 2023
Level 7	RM 499,000	RM 488	1,023 sqft	Apr 2023
Level 12	RM 499,000	RM 493	1,012 sqft	Mar 2023