MENARA PROMENADE

MENARA PROMENADE in Kuala Lumpur, Kuala Lumpur recorded 7 subsale transactions in 2024, with a median price of RM 600K and a median price per square foot (PSF) of RM 459.

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 600K, with most transactions falling within a stable range of RM 430K to RM 953K, and a typical market range of RM 430K to RM 860K.

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

Price per square foot shows a median of RM 459, though individual units vary from RM 309 to RM 609 in the core range. The broader market spans RM 381.50 to RM 536.50, indicating diverse property characteristics. A wider spread (IQR: RM 155.00) and deviation (MAD: RM 150) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.