PHOENIX BUSINESS PARK

PHOENIX BUSINESS PARK in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2024, with a median price of RM 265K and a median price per square foot (PSF) of RM 275.

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 265K, with most transactions falling within a stable range of RM 250K to RM 280K, and a typical market range of RM 250K to RM 280K.

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

For price per square foot, the median is RM 275, with most transactions between RM 257 and RM 293. The usual range is RM 260.50 to RM 289.50, 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 18 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.