THE VEO

THE VEO in Kuala Lumpur, Kuala Lumpur recorded 8 subsale transactions in 2023, with a median price of RM 697K and a median price per square foot (PSF) of RM 664.

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 697K, with most transactions falling within a stable range of RM 470K to RM 1.44 million, and a typical market range of RM 470K to RM 1.29 million.

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

For price per square foot, the median is RM 664, with most transactions between RM 605 and RM 723. The usual range is RM 651.50 to RM 676.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 59 indicate a highly stable PSF trend across properties.

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. Limited transaction history suggests carefully evaluating comparable sales data.