THE HERMINGTON KUCHAI LAMA Transaction Price & PSF
THE HERMINGTON KUCHAI LAMA Condominium/Apartment Residential Property Market | residential | Data through May 2024
This market article analyses the residential Condominium/Apartment segment within THE HERMINGTON KUCHAI LAMA to explain how to interpret the transaction data and benchmarks without asserting future price movements.
Market overview
The data landscape shows activity focused in Kuala Lumpur, with Mukim Petaling identified as the leading local area for transactions within the scheme THE HERMINGTON KUCHAI LAMA. Within this context, the Condominium/Apartment category is the primary property type represented in the dataset, providing a point of reference for readers evaluating this market.
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.
Condominium/Apartment
Within this residential segment, condominium/apartment units are the central focus within THE HERMINGTON KUCHAI LAMA. When consulting transaction benchmarks, compare this category separately from other property types, and consider how factors such as unit size, floor level, and condition can influence outcomes for individual units.
How to interpret this market
Readers should treat transaction benchmarks as directional guides rather than guarantees. Use category specific benchmarks to frame expectations, while recognizing that a given property may differ in size, layout, condition and other factors.
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 market snapshot?
It focuses on residential condominiums/apartments within THE HERMINGTON KUCHAI LAMA in Kuala Lumpur, specifically Mukim Petaling.
How should I use the transaction benchmark in practice?
Treat benchmarks as a reference point for comparing similar property types within the scheme, and avoid treating them as a guaranteed outcome for any single unit.
Can I compare this scheme with other schemes?
Yes, but ensure you compare the same property type and segment so benchmarks remain meaningful.
Summary
In summary, compare property types separately and use transaction benchmarks as a neutral frame for evaluating listings within THE HERMINGTON KUCHAI LAMA, while avoiding assumptions about future price paths.
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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%.