THE HERMINGTON KUCHAI LAMA

THE HERMINGTON KUCHAI LAMA in Kuala Lumpur, Kuala Lumpur recorded 15 subsale transactions in 2023, with a median price of RM 525K and a median price per square foot (PSF) of RM 488.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 525K, with most transactions falling within a stable range of RM 497K to RM 553K, and a typical market range of RM 508K to RM 543K.

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

For price per square foot, the median is RM 488, with most transactions between RM 462 and RM 514. The usual range is RM 474.00 to RM 502.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.00 and an average deviation (MAD) of RM 26 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.