THE SKY RESIDENCE SHAMELIN

THE SKY RESIDENCE SHAMELIN in Kuala Lumpur, Kuala Lumpur recorded 12 subsale transactions in 2022, with a median price of RM 425K and a median price per square foot (PSF) of RM 645.

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 425K, with most transactions falling within a stable range of RM 350K to RM 1.05 million, and a typical market range of RM 370K to RM 480K.

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

Price per square foot shows a median of RM 645, though individual units vary from RM 434 to RM 856 in the core range. The broader market spans RM 594.50 to RM 695.50, indicating diverse property characteristics. A wider spread (IQR: RM 101.00) and deviation (MAD: RM 211) 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.