OFF JLN BKT BINTANG/JLN HICKS/JLN ALOR

OFF JLN BKT BINTANG/JLN HICKS/JLN ALOR in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2022, with a median price of RM 4.20 million and a median price per square foot (PSF) of RM 2,688.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 4.20 million, with most transactions falling within a stable range of RM 4.10 million to RM 4.30 million, and a typical market range of RM 4.10 million to RM 4.30 million.

Most transactions involved 4 - 4 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 2,688, with core pricing between RM 2,307 and RM 3,068. Market pricing typically extends from RM 2,490.25 to RM 2,884.75, reflecting moderate variation in unit pricing. With an IQR of RM 394.50 and MAD of RM 381, 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. Limited transaction history suggests carefully evaluating comparable sales data.