Binova Industri Area

Perdana Botanical Gardens, 50480 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

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Binova Industri Area
© OpenStreetMap · CARTO

Perdana Botanical Gardens, 50480 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Maps

Binova Industri Area in Kuala Lumpur, Kuala Lumpur recorded 0 subsale transactions in 2021, with a median price of RM253K and a median price per square foot (PSF) of RM180.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM253K, with most transactions falling within a stable range of RM214K to RM291K, and a typical market range of RM202K to RM303K.

Most transactions involved industrial unit, with minimal variety in property types.

For price per square foot, the median is RM180, with most transactions between RM177 and RM184. The usual range is RM176.13 to RM183.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM7.75 and an average deviation (MAD) of RM4 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.