Area Intelligence

PUTRA MAJESTIK

10 properties
2023
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Median Price
RM 499,000
PSF: RM 477

Residential Market

Median Price

RM 499,000

IQR: RM 150
MAD: RM 73
RM 465 PSF 8.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,600,000

IQR: RM 104
MAD: RM 41
RM 2,570 PSF 4.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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 45 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 375K to RM 1.14 million, and a typical market range of RM 428K to RM 570K.

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

Price per square foot shows a median of RM 477, though individual units vary from RM 0 to RM 1,119 in the core range. The broader market spans RM 403.00 to RM 550.00, indicating diverse property characteristics. A wider spread (IQR: RM 147.00) and deviation (MAD: RM 643) 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.

Area Location

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PUTRA MAJESTIK, Kuala Lumpur, Kuala Lumpur

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Transactions

10 properties grouped by size

1,000 sqft
6 units
RM 2,600,000
Office Lot
1,012 sqft · RM 2,570.00 PSF
Oct 2023
RM 475,000
Service Apartment
1,023 sqft · RM 465.00 PSF
Oct 2023
RM 420,000
Service Apartment
1,012 sqft · RM 415.00 PSF
Aug 2023
RM 520,000
Service Apartment
1,012 sqft · RM 514.00 PSF
May 2023
RM 499,000
Service Apartment
1,023 sqft · RM 488.00 PSF
Apr 2023
RM 499,000
Service Apartment
1,012 sqft · RM 493.00 PSF
Mar 2023
1,100 sqft
3 units Service Apartment
RM 385,000
1,087 sqft · RM 354.00 PSF
Aug 2023
RM 375,000
1,087 sqft · RM 345.00 PSF
Jul 2023
RM 550,000
1,087 sqft · RM 506.00 PSF
Jul 2023
1,500 sqft
1 units Service Apartment
RM 530,000
1,496 sqft · RM 354.00 PSF
Oct 2023