PHOENIX BUSINESS PARK

PHOENIX BUSINESS PARK in Kuala Lumpur, Kuala Lumpur recorded 17 subsale transactions between 2021 and 2025, with a median price of RM 220K and a median price per square foot (PSF) of RM 293.

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 220K, with most transactions falling within a stable range of RM 190K to RM 250K, and a typical market range of RM 194K to RM 246K.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 293, with most transactions between RM 276 and RM 310. The usual range is RM 278.50 to RM 307.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.00 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.

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.