PropMedian Data Research

VERVE SUITES KL SOUTH Transaction Price & PSF

VERVE SUITES KL SOUTH Serviced Apartment Residential Property Market | residential | Data through July 2025

Transactions

Property types

Data period

November 2021 - July 2025

This article surveys the residential segment for Serviced Apartment within VERVE SUITES KL SOUTH, aiming to explain how to read the scheme data without implying future price movement or investment outcomes.

Market overview

The dataset shows a concentrated focus within the Kuala Lumpur residential market, with the VERVE SUITES KL SOUTH scheme accounting for the observed activity in the sample. This pattern suggests a scheme-driven submarket rather than broad diversification across the Serviced Apartment category.

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

Transactions

Median price

RM729,000

Median parcel area

721 sqft

Median parcel PSF

RM1,096.53 psf

Parcel PSF coverage

89.5%

Within the residential segment, Serviced Apartment is the focal category for this dataset, and activity concentrates around the VERVE SUITES KL SOUTH scheme. This points to a scheme-focused submarket rather than a broad pool of options within the category.

How to interpret this market

Transaction benchmarks provide a reference framework for comparing units within the same segment. Use benchmarks as directional context and remember that individual properties may differ in attributes such as floor, layout, or condition, which can influence outcomes.

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 data

Frequently asked questions

What is the focus of this market snapshot for VERVE SUITES KL SOUTH?

The data concentrates on the residential Serviced Apartment category within Kuala Lumpur, specifically tied to the VERVE SUITES KL SOUTH scheme in the Mukim Petaling area.

How should readers use transaction benchmarks in this report?

Treat benchmarks as context rather than guarantees; compare within the same segment and scheme; individual properties may differ in attributes such as floor, layout or condition.

Which submarket appears most represented in the dataset?

Kuala Lumpur is the dominant district and VERVE SUITES KL SOUTH is the leading scheme in the sample.

Summary

To assess the market, compare the Serviced Apartment category with other property types and refer to transaction benchmarks within the scheme data to gain contextual understanding of broad patterns.

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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%.