Area Intelligence

PUTRA MAJESTIK

19 properties
2024
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Median Price
RM 550,000
PSF: RM 494

Residential Market

Median Price

RM 520,000

IQR: RM 150
MAD: RM 73
RM 500 PSF 8.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 950,000

IQR: RM 104
MAD: RM 41
RM 433 PSF 4.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PUTRA MAJESTIK in Kuala Lumpur, Kuala Lumpur recorded 19 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 494.

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 550K, with most transactions falling within a stable range of RM 386K to RM 714K, and a typical market range of RM 479K to RM 621K.

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

Price per square foot shows a median of RM 494, though individual units vary from RM 372 to RM 616 in the core range. The broader market spans RM 420.50 to RM 567.50, indicating diverse property characteristics. The spread of RM 147.00 (IQR) and deviation of RM 122 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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PUTRA MAJESTIK, Kuala Lumpur, Kuala Lumpur

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Transactions

19 properties grouped by size

1,000 sqft
13 units (showing 6)
RM 570,000
Service Apartment
1,023 sqft · RM 557.00 PSF
Nov 2024
RM 950,000
Shop/Retail Lot
1,012 sqft · RM 939.00 PSF
Nov 2024
RM 560,000
Service Apartment
1,012 sqft · RM 553.00 PSF
Oct 2024
RM 500,000
Service Apartment
1,012 sqft · RM 494.00 PSF
Sep 2024
RM 540,000
Service Apartment
1,012 sqft · RM 534.00 PSF
Aug 2024
RM 360,000
Service Apartment
1,012 sqft · RM 356.00 PSF
Aug 2024
1,100 sqft
4 units Service Apartment
RM 400,000
1,087 sqft · RM 368.00 PSF
Jul 2024
RM 450,000
1,087 sqft · RM 414.00 PSF
Apr 2024
RM 585,000
1,087 sqft · RM 538.00 PSF
Apr 2024
RM 550,000
1,087 sqft · RM 506.00 PSF
Mar 2024
1,250 sqft
1 units Office Lot
RM 550,000
1,270 sqft · RM 433.00 PSF
Nov 2024
2,900 sqft
1 units Office Lot
RM 1,060,000
2,881 sqft · RM 368.00 PSF
Jan 2024