THE NORTHSHORE GARDENS (DESA PARKCITY)

THE NORTHSHORE GARDENS (DESA PARKCITY) in Kuala Lumpur, Kuala Lumpur recorded 11 subsale transactions in 2023, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 934.

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 1.60 million, with most transactions falling within a stable range of RM 1.09 million to RM 2.11 million, and a typical market range of RM 1.20 million to RM 2.00 million.

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

For price per square foot, the median is RM 934, with most transactions between RM 862 and RM 1,006. The usual range is RM 898.00 to RM 970.00, showing that most units are priced quite close to each other. With an IQR of RM 72.00 and MAD of RM 72, 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.