Area Intelligence

TAMAN ESPLANAD

2 properties
2021
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Median Price
RM 3,875,000
PSF: RM 2,437

Commercial Market

Median Price

RM 3,875,000

IQR: RM 1,088
MAD: RM 368
RM 2,437 PSF 15.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN ESPLANAD in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2021, with a median price of RM 3.88 million and a median price per square foot (PSF) of RM 2,437.

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 3.88 million, with most transactions falling within a stable range of RM 3.80 million to RM 3.95 million, and a typical market range of RM 3.80 million to RM 3.95 million.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 2,437, with most transactions between RM 2,307 and RM 2,566. The usual range is RM 1,892.63 to RM 2,980.38, showing that most units are priced quite close to each other. With an IQR of RM 1,087.75 and MAD of RM 130, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TAMAN ESPLANAD, Kuala Lumpur, Kuala Lumpur

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Transactions

2 properties grouped by size

1,550 sqft
1 units 3-Storey Storey Shop
RM 3,950,000
(LOT 50 BLK 6)
1,539 sqft · RM 2,566.00 PSF
Nov 2021
1,650 sqft
1 units 3-Storey Storey Shop
RM 3,800,000
JLN JALIL JAYA 3
1,647 sqft · RM 2,307.00 PSF
Dec 2021