BANGSAR SOUTH Commercial Property Market: Transaction Prices & PSF
BANGSAR SOUTH Commercial Property Market | commercial | Data through July 2024
This targeted market snapshot examines Bangsar South in the commercial segment, using the provided data to explore how price patterns relate to the surrounding infrastructure and market dynamics within Kuala Lumpur.
Market overview
The snapshot highlights that the dominant submarket within Bangsar South is represented by the Office Lot category in Kuala Lumpur. The activity is centered within the Bangsar South scheme and within the broader district, signaling a concentrated commercial presence in this area.
Property type benchmarks
The figures below are calculated from transaction records in the PropMedian database. Median PSF is shown only where sufficient parcel area data is available.
Office Lot
Office Lot appears as the central commercial category in this Bangsar South snapshot. The data points to a concentration of this type within the scheme and district, suggesting it as the main focus for market activity in the available data.
How to interpret this market
When using transaction benchmarks, readers should compare like with like within the same market segment and scheme. Benchmarks describe typical patterns rather than exact outcomes for any single property, which may vary by attributes and location.
Explore the underlying market
View the PropMedian property-data hub for this district to explore available property types and transaction benchmarks.
View Kuala Lumpur property dataFrequently asked questions
What is the leading commercial property type in Bangsar South according to the data?
The dataset identifies Office Lot as the leading category within the Bangsar South scheme for commercial transactions.
Which submarket is most represented in the Bangsar South dataset?
The Bangsar South scheme is the focal submarket for commercial activity in the provided data.
How should I use the transaction benchmarks from this market?
Use benchmarks to compare across property types within the same market segment, while recognizing that individual properties can differ and should not be treated as a fixed valuation.
Summary
In summary, readers should compare property types within the same market segment and use transaction benchmarks to understand patterns, while acknowledging that an individual property may differ.
Methodology
Median transaction price for the selected market scope.
Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.
Unavailable measurements are not estimated or inferred.
Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.