MENJALARA 18

MENJALARA 18 in Kuala Lumpur, Kuala Lumpur recorded 5 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 465.

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 600K, with most transactions falling within a stable range of RM 580K to RM 644K, and a typical market range of RM 580K to RM 647K.

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

For price per square foot, the median is RM 465, with most transactions between RM 431 and RM 499. The usual range is RM 437.50 to RM 492.50, showing that most units are priced quite close to each other. With an IQR of RM 55.00 and MAD of RM 34, 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.