Area Intelligence

ICON RESIDENCE

2 properties

2022

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Median Price

RM 1,400,000

PSF: RM 1,158

Residential Market

Median Price

RM 1,400,000

IQR: RM 216

MAD: RM 117

RM 1,158 PSF 4.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Condo/Apartment

11 properties

Median Price

RM 530,000

-2.5% CAGR

Median PSF

RM 428.00

-2.5% CAGR

Service Apartment

10 properties

Median Price

RM 1,040,000

-7.5% CAGR

Median PSF

RM 857.00

-4.5% CAGR

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Condo/Apartment	11	RM 530,000 ±20K MAD	-2.49%	RM 428.00 ±16 MAD	-2.46%
Service Apartment	10	RM 1,040,000 ±144K MAD	-7.46%	RM 857.00 ±110 MAD	-4.54%

ICON RESIDENCE in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2022, with a median price of RM 1.40 million and a median price per square foot (PSF) of RM 1,158.

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 1.40 million, with most transactions falling within a stable range of RM 1.00 million to RM 1.80 million, and a typical market range of RM 1.19 million to RM 1.61 million.

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

Price per square foot shows a median of RM 1,158, though individual units vary from RM 840 to RM 1,475 in the core range. The broader market spans RM 1,049.75 to RM 1,265.25, indicating diverse property characteristics. A wider spread (IQR: RM 215.50) and deviation (MAD: RM 318) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.