THE SKY RESIDENCE SHAMELIN

THE SKY RESIDENCE SHAMELIN in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions in 2021, with a median price of RM 500K and a median price per square foot (PSF) of RM 611.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 483K to RM 528K, and a typical market range of RM 483K to RM 550K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 611, with most transactions between RM 576 and RM 646. The usual range is RM 560.50 to RM 661.50, showing that most units are priced quite close to each other. With an IQR of RM 101.00 and MAD of RM 35, the PSF demonstrates reasonable consistency across the market.

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.