Area Intelligence

VERVE SUITES KL SOUTH

8 properties
2022
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Median Price
RM 562,000
PSF: RM 645

Residential Market

Median Price

RM 562,000

IQR: RM 297
MAD: RM 192
RM 645 PSF 2.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 550,000

IQR: RM 263
MAD: RM 4
RM 631 PSF 32.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

VERVE SUITES KL SOUTH in Kuala Lumpur, Kuala Lumpur recorded 8 subsale transactions in 2022, with a median price of RM 562K and a median price per square foot (PSF) of RM 645.

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 562K, with most transactions falling within a stable range of RM 518K to RM 703K, and a typical market range of RM 518K to RM 680K.

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

Price per square foot shows a median of RM 645, though individual units vary from RM 404 to RM 885 in the core range. The broader market spans RM 497.50 to RM 791.50, indicating diverse property characteristics. A wider spread (IQR: RM 294.00) and deviation (MAD: RM 240) indicate significant PSF variations, likely due to diverse property types or conditions.

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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VERVE SUITES KL SOUTH, Kuala Lumpur, Kuala Lumpur

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Transactions

8 properties grouped by size

750 sqft
2 units Service Apartment
RM 729,000
732 sqft · RM 996.00 PSF
Oct 2022
RM 951,000
732 sqft · RM 1,299.00 PSF
Jun 2022
850 sqft
6 units
RM 518,000
Service Apartment
872 sqft · RM 594.00 PSF
Oct 2022
RM 580,000
Shop/Retail Lot
872 sqft · RM 665.00 PSF
Aug 2022
RM 520,000
Shop/Retail Lot
872 sqft · RM 596.00 PSF
Aug 2022
RM 580,000
Service Apartment
872 sqft · RM 665.00 PSF
Jul 2022
RM 527,000
Service Apartment
872 sqft · RM 604.00 PSF
Jun 2022
RM 544,000
Service Apartment
872 sqft · RM 624.00 PSF
Mar 2022