Area Intelligence

RICHMOORE HOTEL SUIT/ACE ELECTRONIC MALL

2 properties
2023
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Median Price
RM 300,000
PSF: RM 393

Residential Market

Median Price

RM 100,000

IQR: RM 81
MAD: RM 81
RM 166 PSF 28.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 500,000

RM 619 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RICHMOORE HOTEL SUIT/ACE ELECTRONIC MALL in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 393.

This area contains both residential and commercial properties. View 2 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 100K to RM 500K, and a typical market range of RM 200K to RM 400K.

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

Price per square foot shows a median of RM 393, though individual units vary from RM 166 to RM 619 in the core range. The broader market spans RM 279.25 to RM 505.75, indicating diverse property characteristics. A wider spread (IQR: RM 226.50) and deviation (MAD: RM 227) 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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RICHMOORE HOTEL SUIT/ACE ELECTRONIC MALL, Kuala Lumpur, Kuala Lumpur

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Transactions

2 properties grouped by size

600 sqft
1 units Service Apartment
RM 100,000
603 sqft · RM 166.00 PSF
May 2023
800 sqft
1 units Office Lot
RM 500,000
807 sqft · RM 619.00 PSF
Dec 2023