Area Intelligence

SUNGAI WANG PLAZA

3 properties
2024
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Median Price
RM 700,000
PSF: RM 1,913

Commercial Market

Median Price

RM 700,000

IQR: RM 1,085
MAD: RM 685
RM 1,913 PSF 8.2%

PSF Trends (2021-2025)

SUNGAI WANG PLAZA in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions in 2024, with a median price of RM 700K and a median price per square foot (PSF) of RM 1,913.

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 700K, with most transactions falling within a stable range of RM 600K to RM 1.02 million, and a typical market range of RM 600K to RM 943K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM 1,913, though individual units vary from RM 901 to RM 2,925 in the core range. The broader market spans RM 1,370.50 to RM 2,455.50, indicating diverse property characteristics. A wider spread (IQR: RM 1,085.00) and deviation (MAD: RM 1,012) 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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SUNGAI WANG PLAZA, Kuala Lumpur, Kuala Lumpur

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Transactions

3 properties found

Shop/Retail Lot
RM 700,000
366 sqft Aug 2024
RM 1,913.00 PSF
Shop/Retail Lot
RM 600,000
635 sqft Jul 2024
RM 945.00 PSF
Shop/Retail Lot
RM 1,320,000
388 sqft Mar 2024
RM 3,406.00 PSF