MENJALARA 18

MENJALARA 18 in Kuala Lumpur, Kuala Lumpur recorded 5 subsale transactions in 2022, with a median price of RM 660K and a median price per square foot (PSF) of RM 511.

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 660K, with most transactions falling within a stable range of RM 605K to RM 1.16 million, and a typical market range of RM 613K to RM 707K.

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

For price per square foot, the median is RM 511, with most transactions between RM 484 and RM 538. The usual range is RM 483.50 to RM 538.50, showing that most units are priced quite close to each other. With an IQR of RM 55.00 and MAD of RM 27, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.