Area Intelligence

DESA TUN RAZAK 2

5 properties
2024
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Median Price
RM 2,250,000
PSF: RM 749

Commercial Market

Median Price

RM 2,250,000

IQR: RM 158
MAD: RM 82
RM 749 PSF 5.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA TUN RAZAK 2 in Kuala Lumpur, Kuala Lumpur recorded 5 subsale transactions in 2024, with a median price of RM 2.25 million and a median price per square foot (PSF) of RM 749.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.25 million, with most transactions falling within a stable range of RM 1.60 million to RM 3.32 million, and a typical market range of RM 1.71 million to RM 2.79 million.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 749, though individual units vary from RM 586 to RM 912 in the core range. The broader market spans RM 665.50 to RM 832.50, indicating diverse property characteristics. The spread of RM 167.00 (IQR) and deviation of RM 163 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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DESA TUN RAZAK 2, Kuala Lumpur, Kuala Lumpur

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Transactions

5 properties grouped by size

2,000 sqft
2 units Terraced Factory
RM 1,800,000
JALAN 7/118B
2,002 sqft · RM 899.00 PSF
Sep 2024
RM 1,600,000
JLN 13/118B
2,002 sqft · RM 799.00 PSF
May 2024
3,000 sqft
1 units Terraced Factory
RM 2,250,000
JALAN 9/118B
3,003 sqft · RM 749.00 PSF
Oct 2024
3,750 sqft
1 units Terraced Factory
RM 2,500,000
JALAN 12/118B
3,767 sqft · RM 664.00 PSF
Jul 2024
11,050 sqft
1 units Terraced Factory
RM 4,600,000
JALAN 12/118B
11,065 sqft · RM 416.00 PSF
Oct 2024