The Veo

KL East, Jalan Melati Kuarza 2, Taman Melati, 53100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

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From
RM600K
Size
800 sqft

Property Transactions

8 subsales grouped by size

Median
RM696,500
PSF
RM664
Price Size
Period
transactions middle 50% (P25–P75)
750 sqft
Condo
RM500,000
Level 6
753 sqft · RM664 PSF
RM470,000
Level 12
753 sqft · RM624 PSF
RM500,000
Level 5
753 sqft · RM664 PSF
RM545,000
Level 15
753 sqft · RM723 PSF
1,450 sqft
Condo
RM875,000
Level 12
1,442 sqft · RM607 PSF
RM848,000
Level 11
1,442 sqft · RM588 PSF
2,250 sqft
Condo
RM1,700,000
Level 21
2,271 sqft · RM749 PSF
3,650 sqft
Condo
RM2,712,000
Level 29
3,638 sqft · RM745 PSF
Legend Recent Highest Price Highest PSF

Selling in The Veo? Homes here sold for a median of RM696,500.

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Market Snapshot

Residential

RM696,500

RM664 psf

Median transaction price

Average

Does THE VEO rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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RM59 a month, cancel any time

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KL East, Jalan Melati Kuarza 2, Taman Melati, 53100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

Maps

The Veo in Kuala Lumpur, Kuala Lumpur recorded 8 subsale transactions in 2023, with a median price of RM697K and a median price per square foot (PSF) of RM664.

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 RM697K, with most transactions falling within a stable range of RM470K to RM1.44 million, and a typical market range of RM470K to RM1.29 million.

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

For price per square foot, the median is RM664, with most transactions between RM605 and RM722. The usual range is RM651.10 to RM676.10, showing that most units are priced quite close to each other. A typical spread (IQR) of RM25.00 and an average deviation (MAD) of RM59 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.