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PLAZA RAH (KG.BARU) Transaction Price & PSF

PLAZA RAH (KG.BARU) · Condominium/Apartment · Kuala Lumpur · W.P. Kuala Lumpur · Data through November 2024

Median price
RM500,000
Median Floor PSF
Not available0.0% usable coverage · 0 of 29 transactions
Transactions
29
Data period
November 2024From April 2021

These are transaction-based market benchmarks for the selected scope. They are not a valuation of an individual unit.

This targeted market snapshot examines PLAZA RAH (KG.BARU) within the residential segment, focusing on condominium/apartment transactions in Kuala Lumpur.

Market overview

Activity within the condominium/apartment segment shows a central focus on the PLAZA RAH (KG.BARU) scheme, with the Kuala Lumpur Town Centre mukim and the broader Kuala Lumpur district forming the main submarket. The price distribution indicates a range across units within the scheme, reflecting differences in size, layout and condition. The data cover multiple years, suggesting ongoing participation in this residential category. Remember that transaction benchmarks provide a reference for comparison and are not a valuation or a forecast of future outcomes.

How to interpret this market

Transaction benchmarks offer a general reference when evaluating similar condominium/apartment units within PLAZA RAH (KG.BARU) and the surrounding central submarkets. When reviewing a specific property, compare it against benchmarks for the same scheme and submarket, while recognising that individual units differ in attributes such as floor level, orientation, layout and condition. Treat benchmarks as guidance, not a guarantee of value or future performance.

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Frequently asked questions

What is the role of PLAZA RAH (KG.BARU) transaction benchmarks for buyers of condominium/apartment units?

They provide a reference point for comparing similar units within the PLAZA RAH (KG.BARU) scheme and the surrounding submarkets. A unit may differ in attributes such as floor level, view, layout and condition, so benchmarks are used for relative assessment rather than exact value.

Can I expect the price benchmark to predict future price movements?

No; benchmarks are intended as a reference to inform comparisons and are not a forecast or guarantee of future outcomes.

Which submarkets within Kuala Lumpur Town Centre are most represented in condominium/apartment transactions for PLAZA RAH (KG.BARU)?

The data point to central Kuala Lumpur and the Kuala Lumpur Town Centre submarket as the primary focus within this scheme, indicating where activity concentrates.

Summary

Different property categories should be compared separately. Use transaction benchmarks within the PLAZA RAH (KG.BARU) scheme and its dominant submarkets to inform decisions, while recognising that individual properties may differ and that benchmarks are a guide rather than a guarantee.

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Methodology

Median transaction price for the selected market scope.

Floor PSF is the median of valid transaction-level floor PSF values using main floor area, not median price divided by median floor area.

Unavailable measurements are not estimated or inferred.

Floor PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.

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