Area Intelligence

Mukim Setapak, Kuala Lumpur, Kuala Lumpur

MAXIM CITILIGHTS

31 properties

2023

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Median Price

RM 450,000

PSF: RM 395

Residential Market

Median Price

RM 435,000

IQR: RM 94

MAD: RM 42

RM 389 PSF 7.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,800,000

IQR: RM 401

MAD: RM 154

RM 862 PSF 31.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Service Apartment

98 properties

Median Price

RM 405,000

+2.9% CAGR

Median PSF

RM 384.75

+7.4% CAGR

Shop/Retail Lot

14 properties

Median Price

RM 1,175,000

+23.8% CAGR

Median PSF

RM 502.50

+31.0% CAGR

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Service Apartment	98	RM 405,000 ±18K MAD	+2.91%	RM 384.75 ±12 MAD	+7.36%
Shop/Retail Lot	14	RM 1,175,000 ±625K MAD	+23.77%	RM 502.50 ±164 MAD	+30.97%

MAXIM CITILIGHTS in Kuala Lumpur, Kuala Lumpur recorded 31 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 395.

This area contains both residential and commercial properties. View 97 residential properties or 14 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 298K to RM 703K, and a typical market range of RM 391K to RM 509K.

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

Price per square foot shows a median of RM 395, though individual units vary from RM 283 to RM 507 in the core range. The broader market spans RM 331.50 to RM 458.50, indicating diverse property characteristics. A wider spread (IQR: RM 127.00) and deviation (MAD: RM 112) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

Area Location

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MAXIM CITILIGHTS, Kuala Lumpur, Kuala Lumpur

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Property Type

All Types Service Apartment Shop/Retail Lot

Year

All Years 2024 2023 2022 2021

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Transactions

31 properties found

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Grouped Individual

Service Apartment

RM 375,000

1,012 sqft Dec 2023

RM 371.00 PSF

Service Apartment

RM 350,000

1,012 sqft Nov 2023

RM 346.00 PSF

Service Apartment

RM 415,000

1,012 sqft Nov 2023

RM 410.00 PSF

Service Apartment

RM 339,000

1,012 sqft Nov 2023

RM 335.00 PSF

Service Apartment

RM 600,000

1,098 sqft Oct 2023

RM 546.00 PSF

Service Apartment

RM 560,000

1,012 sqft Oct 2023

RM 553.00 PSF

Service Apartment

RM 500,000

861 sqft Oct 2023

RM 581.00 PSF

Service Apartment

RM 600,000

1,012 sqft Sep 2023

RM 593.00 PSF

Service Apartment

RM 496,000

1,012 sqft Sep 2023

RM 490.00 PSF

Service Apartment

RM 520,000

1,012 sqft Sep 2023

RM 514.00 PSF

Shop/Retail Lot

RM 1,800,000

2,088 sqft Aug 2023

RM 862.00 PSF

Service Apartment

RM 650,000

1,098 sqft Aug 2023

RM 592.00 PSF

Service Apartment

RM 480,000

1,012 sqft Aug 2023

RM 474.00 PSF

Service Apartment

RM 400,000

1,012 sqft Aug 2023

RM 395.00 PSF

Service Apartment

RM 340,000

1,012 sqft Aug 2023

RM 336.00 PSF

Service Apartment

RM 380,000

1,012 sqft Jul 2023

RM 376.00 PSF

Service Apartment

RM 380,000

1,098 sqft Jun 2023

RM 346.00 PSF

Service Apartment

RM 420,000

1,098 sqft Jun 2023

RM 383.00 PSF

Service Apartment

RM 380,000

1,095 sqft Jun 2023

RM 347.00 PSF

Service Apartment

RM 385,000

1,095 sqft Jun 2023

RM 352.00 PSF

Service Apartment

RM 298,000

861 sqft Jun 2023

RM 346.00 PSF

Service Apartment

RM 470,000

1,087 sqft May 2023

RM 432.00 PSF

Service Apartment

RM 470,000

1,087 sqft May 2023

RM 432.00 PSF

Service Apartment

RM 400,000

1,009 sqft Apr 2023

RM 396.00 PSF

Service Apartment

RM 450,000

1,260 sqft Mar 2023

RM 357.00 PSF

Service Apartment

RM 580,000

1,260 sqft Mar 2023

RM 460.00 PSF

Service Apartment

RM 480,000

1,260 sqft Mar 2023

RM 381.00 PSF

Service Apartment

RM 370,000

1,095 sqft Mar 2023

RM 338.00 PSF

Service Apartment

RM 465,000

1,260 sqft Jan 2023

RM 369.00 PSF

Service Apartment

RM 465,000

1,259 sqft Jan 2023

RM 369.00 PSF

Service Apartment

RM 420,000

1,009 sqft Jan 2023

RM 416.00 PSF

Type	Price	PSF	Area	Date
Service Apartment	RM 375,000	RM 371.00	1,012 sqft	Dec 2023
Service Apartment	RM 350,000	RM 346.00	1,012 sqft	Nov 2023
Service Apartment	RM 415,000	RM 410.00	1,012 sqft	Nov 2023
Service Apartment	RM 339,000	RM 335.00	1,012 sqft	Nov 2023
Service Apartment	RM 600,000	RM 546.00	1,098 sqft	Oct 2023
Service Apartment	RM 560,000	RM 553.00	1,012 sqft	Oct 2023
Service Apartment	RM 500,000	RM 581.00	861 sqft	Oct 2023
Service Apartment	RM 600,000	RM 593.00	1,012 sqft	Sep 2023
Service Apartment	RM 496,000	RM 490.00	1,012 sqft	Sep 2023
Service Apartment	RM 520,000	RM 514.00	1,012 sqft	Sep 2023
Shop/Retail Lot	RM 1,800,000	RM 862.00	2,088 sqft	Aug 2023
Service Apartment	RM 650,000	RM 592.00	1,098 sqft	Aug 2023
Service Apartment	RM 480,000	RM 474.00	1,012 sqft	Aug 2023
Service Apartment	RM 400,000	RM 395.00	1,012 sqft	Aug 2023
Service Apartment	RM 340,000	RM 336.00	1,012 sqft	Aug 2023
Service Apartment	RM 380,000	RM 376.00	1,012 sqft	Jul 2023
Service Apartment	RM 380,000	RM 346.00	1,098 sqft	Jun 2023
Service Apartment	RM 420,000	RM 383.00	1,098 sqft	Jun 2023
Service Apartment	RM 380,000	RM 347.00	1,095 sqft	Jun 2023
Service Apartment	RM 385,000	RM 352.00	1,095 sqft	Jun 2023
Service Apartment	RM 298,000	RM 346.00	861 sqft	Jun 2023
Service Apartment	RM 470,000	RM 432.00	1,087 sqft	May 2023
Service Apartment	RM 470,000	RM 432.00	1,087 sqft	May 2023
Service Apartment	RM 400,000	RM 396.00	1,009 sqft	Apr 2023
Service Apartment	RM 450,000	RM 357.00	1,260 sqft	Mar 2023
Service Apartment	RM 580,000	RM 460.00	1,260 sqft	Mar 2023
Service Apartment	RM 480,000	RM 381.00	1,260 sqft	Mar 2023
Service Apartment	RM 370,000	RM 338.00	1,095 sqft	Mar 2023
Service Apartment	RM 465,000	RM 369.00	1,260 sqft	Jan 2023
Service Apartment	RM 465,000	RM 369.00	1,259 sqft	Jan 2023
Service Apartment	RM 420,000	RM 416.00	1,009 sqft	Jan 2023