Area Intelligence

TAMAN ESPLANAD

5 properties
Double Storey Shop
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Median Price
RM 2,800,000
PSF: RM 1,722

Commercial Market

Median Price

RM 2,800,000

IQR: RM 1,088
MAD: RM 368
RM 1,722 PSF 15.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN ESPLANAD in Kuala Lumpur, Kuala Lumpur recorded 5 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 2.80 million and a median price per square foot (PSF) of RM 1,722.

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 2.80 million, with most transactions falling within a stable range of RM 2.65 million to RM 3.05 million, and a typical market range of RM 2.65 million to RM 3.30 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 1,722, with most transactions between RM 1,671 and RM 1,773. The usual range is RM 1,178.13 to RM 2,265.88, showing that most units are priced quite close to each other. With an IQR of RM 1,087.75 and MAD of RM 51, 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.

Area Location

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TAMAN ESPLANAD, Kuala Lumpur, Kuala Lumpur

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Transactions

5 properties grouped by size

1,550 sqft
3 units Double Storey Shop
RM 2,800,000
JLN 15/155B
1,561 sqft · RM 1,794.00 PSF
Dec 2023
RM 2,800,000
JALAN JALIL PERKASA 14
1,561 sqft · RM 1,794.00 PSF
Oct 2023
RM 2,646,000
JALAN JALIL PERKASA 14
1,561 sqft · RM 1,695.00 PSF
Jun 2023
1,900 sqft
2 units Double Storey Shop
RM 3,300,000
JLN 15/155B
1,916 sqft · RM 1,722.00 PSF
Jan 2023
RM 3,200,000
JALAN JALIL PERKASA 13
1,916 sqft · RM 1,670.00 PSF
Nov 2022