NOVO AMPANG Transaction Price & PSF
NOVO AMPANG Serviced Apartment Residential Property Market | residential | Data through May 2026
NOVO AMPANG Serviced Apartment market in the residential segment is analysed to help readers understand how to interpret the scheme data and transaction benchmarks, without implying appreciation or guarantees.
Market overview
Within the residential segment, the Serviced Apartment category under the NOVO AMPANG scheme emerges as the primary focus. Activity is anchored in the Kuala Lumpur district, with Kuala Lumpur Town Centre as the notable mukim, and NOVO AMPANG identified as the leading scheme in this segment. The analysis highlights that different property categories should be considered separately when comparing market activity and benchmarks.
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.
Serviced Apartment
Serviced Apartment within NOVO AMPANG is the focal residential category, with activity concentrated in the Kuala Lumpur district and Kuala Lumpur Town Centre mukim under the NOVO AMPANG scheme.
How to interpret this market
Readers can use transaction benchmarks as a frame of reference for placing a property within its category and within the NOVO AMPANG scheme, while recognising that individual properties may differ in attributes not captured by the benchmarks.
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 scope of this NOVO AMPANG market snapshot for residential Serviced Apartment?
The snapshot focuses on the Serviced Apartment category within NOVO AMPANG, located in Kuala Lumpur district and Kuala Lumpur Town Centre mukim, in the state of W. P. Kuala Lumpur.
Which submarkets are identified as most active?
Kuala Lumpur district and Kuala Lumpur Town Centre mukim are identified as the top submarkets for this segment under the NOVO AMPANG scheme.
How should readers use transaction benchmarks?
Use benchmarks as a reference to contextualise a property within its category, while recognising that individual properties may differ in non benchmark attributes.
Summary
In summary, readers should compare property types separately and use transaction benchmarks to understand market position, while avoiding assumptions about outcomes for individual properties.
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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%.