MENARA BINJAI

MENARA BINJAI in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2022, with a median price of RM 890K and a median price per square foot (PSF) of RM 608.

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 890K, with most transactions falling within a stable range of RM 880K to RM 900K, and a typical market range of RM 880K to RM 900K.

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

For price per square foot, the median is RM 608, with most transactions between RM 601 and RM 615. The usual range is RM 564.63 to RM 651.38, showing that most units are priced quite close to each other. With an IQR of RM 86.75 and MAD of RM 7, 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.