Ikon Connaught in Kuala Lumpur, Kuala Lumpur recorded 4 subsale transactions in 2022, with a median price of RM868K and a median price per square foot (PSF) of RM525.

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 RM868K, with most transactions falling within a stable range of RM535K to RM1.20 million, and a typical market range of RM730K to RM1.00 million.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM525, with most transactions between RM525 and RM525. The usual range is RM512.67 to RM537.67, showing that most units are priced quite close to each other. A typical spread (IQR) of RM25.00 and an average deviation (MAD) of RM0 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.