Kuala Lumpur
Kuala Lumpur
Mukim Petaling
VERVE SUITES KL SOUTH

Area Intelligence

Mukim Petaling, Kuala Lumpur, Kuala Lumpur

VERVE SUITES KL SOUTH

44 properties

2023

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Median Price

RM 762,500

PSF: RM 1,100

Residential Market

Median Price

RM 785,500

IQR: RM 297

MAD: RM 192

RM 1,152 PSF 2.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 710,500

IQR: RM 263

MAD: RM 4

RM 1,097 PSF 32.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Service Apartment

55 properties

Median Price

RM 649,000

+9.5% CAGR

Median PSF

RM 1,058.50

+2.5% CAGR

SOHO/SOFO/SOVO

8 properties

Median Price

RM 1,030,500

+76.3% CAGR

Median PSF

RM 1,100.00

Shop/Retail Lot

7 properties

Median Price

RM 550,000

+26.1% CAGR

Median PSF

RM 673.00

+32.2% CAGR

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Service Apartment	55	RM 649,000 ±88K MAD	+9.54%	RM 1,058.50 ±66 MAD	+2.46%
SOHO/SOFO/SOVO	8	RM 1,030,500 ±285K MAD	+76.27%	RM 1,100.00	-
Shop/Retail Lot	7	RM 550,000 ±65K MAD	+26.13%	RM 673.00 ±43 MAD	+32.24%

VERVE SUITES KL SOUTH in Kuala Lumpur, Kuala Lumpur recorded 44 subsale transactions in 2023, with a median price of RM 763K and a median price per square foot (PSF) of RM 1,100.

This area contains both residential and commercial properties. View 55 residential properties or 15 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 763K, with most transactions falling within a stable range of RM 568K to RM 957K, and a typical market range of RM 645K to RM 880K.

Most transactions involved service apartment, though some variety exists in the market.

Price per square foot shows a median of RM 1,100, though individual units vary from RM 878 to RM 1,322 in the core range. The broader market spans RM 953.00 to RM 1,247.00, indicating diverse property characteristics. The spread of RM 294.00 (IQR) and deviation of RM 222 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.

Area Location

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VERVE SUITES KL SOUTH, Kuala Lumpur, Kuala Lumpur

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Property Type

All Types SOHO/SOFO/SOVO Service Apartment Shop/Retail Lot

Year

All Years 2024 2023 2022 2021

Min Price

Max Price

Min Size (sqft)

Max Size (sqft)

Transactions

44 properties found

View:

Grouped Individual

Service Apartment

RM 1,066,000

1,066 sqft Dec 2023

RM 1,000.00 PSF

Service Apartment

RM 792,000

721 sqft Nov 2023

RM 1,098.00 PSF

Service Apartment

RM 779,000

710 sqft Nov 2023

RM 1,097.00 PSF

SOHO/SOFO/SOVO

RM 1,243,000

1,130 sqft Oct 2023

RM 1,100.00 PSF

Service Apartment

RM 802,000

732 sqft Oct 2023

RM 1,096.00 PSF

Service Apartment

RM 801,000

732 sqft Oct 2023

RM 1,094.00 PSF

Service Apartment

RM 640,000

710 sqft Oct 2023

RM 901.00 PSF

Service Apartment

RM 704,000

700 sqft Oct 2023

RM 1,006.00 PSF

Service Apartment

RM 606,000

549 sqft Oct 2023

RM 1,104.00 PSF

Shop/Retail Lot

RM 801,000

732 sqft Sep 2023

RM 1,094.00 PSF

Service Apartment

RM 1,139,000

872 sqft Sep 2023

RM 1,306.00 PSF

Service Apartment

RM 680,000

732 sqft Sep 2023

RM 929.00 PSF

Service Apartment

RM 792,000

721 sqft Sep 2023

RM 1,098.00 PSF

Service Apartment

RM 466,000

710 sqft Sep 2023

RM 656.00 PSF

SOHO/SOFO/SOVO

RM 746,000

678 sqft Aug 2023

RM 1,100.00 PSF

SOHO/SOFO/SOVO

RM 675,000

614 sqft Aug 2023

RM 1,100.00 PSF

Service Apartment

RM 1,139,000

872 sqft Aug 2023

RM 1,306.00 PSF

Service Apartment

RM 250,000

560 sqft Aug 2023

RM 447.00 PSF

Service Apartment

RM 911,000

700 sqft Jul 2023

RM 1,302.00 PSF

Service Apartment

RM 716,000

560 sqft Jul 2023

RM 1,279.00 PSF

Service Apartment

RM 728,000

560 sqft Jul 2023

RM 1,301.00 PSF

Service Apartment

RM 911,000

700 sqft Jul 2023

RM 1,302.00 PSF

Service Apartment

RM 946,000

732 sqft Jul 2023

RM 1,292.00 PSF

Shop/Retail Lot

RM 475,000

1,066 sqft Jul 2023

RM 446.00 PSF

Service Apartment

RM 667,000

732 sqft Jun 2023

RM 911.00 PSF

Service Apartment

RM 720,000

721 sqft Jun 2023

RM 998.00 PSF

Service Apartment

RM 722,000

560 sqft Jun 2023

RM 1,290.00 PSF

Service Apartment

RM 722,000

560 sqft Jun 2023

RM 1,290.00 PSF

Service Apartment

RM 874,000

872 sqft May 2023

RM 1,002.00 PSF

Service Apartment

RM 1,139,000

872 sqft May 2023

RM 1,306.00 PSF

Service Apartment

RM 729,000

732 sqft May 2023

RM 996.00 PSF

Service Apartment

RM 814,000

678 sqft May 2023

RM 1,200.00 PSF

Service Apartment

RM 722,000

560 sqft May 2023

RM 1,290.00 PSF

Service Apartment

RM 716,000

560 sqft May 2023

RM 1,279.00 PSF

Service Apartment

RM 716,000

549 sqft May 2023

RM 1,304.00 PSF

Service Apartment

RM 874,000

872 sqft Apr 2023

RM 1,002.00 PSF

Service Apartment

RM 792,000

721 sqft Apr 2023

RM 1,098.00 PSF

Service Apartment

RM 920,000

710 sqft Apr 2023

RM 1,295.00 PSF

Service Apartment

RM 911,000

700 sqft Apr 2023

RM 1,302.00 PSF

Shop/Retail Lot

RM 485,000

721 sqft Apr 2023

RM 673.00 PSF

Service Apartment

RM 1,139,000

872 sqft Mar 2023

RM 1,306.00 PSF

Service Apartment

RM 954,000

732 sqft Mar 2023

RM 1,303.00 PSF

Service Apartment

RM 610,000

721 sqft Mar 2023

RM 846.00 PSF

Service Apartment

RM 728,000

560 sqft Feb 2023

RM 1,301.00 PSF

Type	Price	PSF	Area	Date
Service Apartment	RM 1,066,000	RM 1,000.00	1,066 sqft	Dec 2023
Service Apartment	RM 792,000	RM 1,098.00	721 sqft	Nov 2023
Service Apartment	RM 779,000	RM 1,097.00	710 sqft	Nov 2023
SOHO/SOFO/SOVO	RM 1,243,000	RM 1,100.00	1,130 sqft	Oct 2023
Service Apartment	RM 802,000	RM 1,096.00	732 sqft	Oct 2023
Service Apartment	RM 801,000	RM 1,094.00	732 sqft	Oct 2023
Service Apartment	RM 640,000	RM 901.00	710 sqft	Oct 2023
Service Apartment	RM 704,000	RM 1,006.00	700 sqft	Oct 2023
Service Apartment	RM 606,000	RM 1,104.00	549 sqft	Oct 2023
Shop/Retail Lot	RM 801,000	RM 1,094.00	732 sqft	Sep 2023
Service Apartment	RM 1,139,000	RM 1,306.00	872 sqft	Sep 2023
Service Apartment	RM 680,000	RM 929.00	732 sqft	Sep 2023
Service Apartment	RM 792,000	RM 1,098.00	721 sqft	Sep 2023
Service Apartment	RM 466,000	RM 656.00	710 sqft	Sep 2023
SOHO/SOFO/SOVO	RM 746,000	RM 1,100.00	678 sqft	Aug 2023
SOHO/SOFO/SOVO	RM 675,000	RM 1,100.00	614 sqft	Aug 2023
Service Apartment	RM 1,139,000	RM 1,306.00	872 sqft	Aug 2023
Service Apartment	RM 250,000	RM 447.00	560 sqft	Aug 2023
Service Apartment	RM 911,000	RM 1,302.00	700 sqft	Jul 2023
Service Apartment	RM 716,000	RM 1,279.00	560 sqft	Jul 2023
Service Apartment	RM 728,000	RM 1,301.00	560 sqft	Jul 2023
Service Apartment	RM 911,000	RM 1,302.00	700 sqft	Jul 2023
Service Apartment	RM 946,000	RM 1,292.00	732 sqft	Jul 2023
Shop/Retail Lot	RM 475,000	RM 446.00	1,066 sqft	Jul 2023
Service Apartment	RM 667,000	RM 911.00	732 sqft	Jun 2023
Service Apartment	RM 720,000	RM 998.00	721 sqft	Jun 2023
Service Apartment	RM 722,000	RM 1,290.00	560 sqft	Jun 2023
Service Apartment	RM 722,000	RM 1,290.00	560 sqft	Jun 2023
Service Apartment	RM 874,000	RM 1,002.00	872 sqft	May 2023
Service Apartment	RM 1,139,000	RM 1,306.00	872 sqft	May 2023
Service Apartment	RM 729,000	RM 996.00	732 sqft	May 2023
Service Apartment	RM 814,000	RM 1,200.00	678 sqft	May 2023
Service Apartment	RM 722,000	RM 1,290.00	560 sqft	May 2023
Service Apartment	RM 716,000	RM 1,279.00	560 sqft	May 2023
Service Apartment	RM 716,000	RM 1,304.00	549 sqft	May 2023
Service Apartment	RM 874,000	RM 1,002.00	872 sqft	Apr 2023
Service Apartment	RM 792,000	RM 1,098.00	721 sqft	Apr 2023
Service Apartment	RM 920,000	RM 1,295.00	710 sqft	Apr 2023
Service Apartment	RM 911,000	RM 1,302.00	700 sqft	Apr 2023
Shop/Retail Lot	RM 485,000	RM 673.00	721 sqft	Apr 2023
Service Apartment	RM 1,139,000	RM 1,306.00	872 sqft	Mar 2023
Service Apartment	RM 954,000	RM 1,303.00	732 sqft	Mar 2023
Service Apartment	RM 610,000	RM 846.00	721 sqft	Mar 2023
Service Apartment	RM 728,000	RM 1,301.00	560 sqft	Feb 2023