PARKLANE OUG SERVICE APARTMENT

PARKLANE OUG SERVICE APARTMENT in Kuala Lumpur, Kuala Lumpur recorded 62 subsale transactions in 2021, with a median price of RM 430K and a median price per square foot (PSF) of RM 453.

This area contains both residential and commercial properties. View 415 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 430K, with most transactions falling within a stable range of RM 365K to RM 495K, and a typical market range of RM 340K to RM 520K.

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

The median PSF stands at RM 453, with core pricing between RM 384 and RM 522. Market pricing typically extends from RM 358.50 to RM 547.50, reflecting moderate variation in unit pricing. The spread of RM 189.00 (IQR) and deviation of RM 69 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.