THE PARC TOWER

THE PARC TOWER in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 446.

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 480K, with most transactions falling within a stable range of RM 470K to RM 492K, and a typical market range of RM 476K to RM 484K.

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

For price per square foot, the median is RM 446, with most transactions between RM 430 and RM 462. The usual range is RM 436.38 to RM 455.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 19.25 and an average deviation (MAD) of RM 16 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.