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28 @ OLD KLANG ROAD

Kuala Lumpur, WP Kuala Lumpur · Commercial · 13 recorded sales, Nov 2021 to Oct 2023

No sale recorded since Oct 20236 - 6 1/2 Storey Shop · 9Office Lot · 2Shop Unit/Retail Lot · 2
RM 606psf median, against main floor area · 9 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 5922,233 psf
Median price
RM 1,200,000
Price range
RM 650kRM 3.60m
Main floor area
1,0981,981 sq ft
Land area
1,0982,207 sq ft
Median price per sq ft of land
RM 665

Median of 9 sales that carry a usable area, out of 13 on record — NAPIC published no area for the other 4, so they have no psf. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,410 sq ft against 1,410. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Oct 2023. Last on record: 18 Oct 2023.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20216 · RM 634 psf
20224 · RM 592 psf
20233 · RM 1,752 psf

Quarterly medians · not a price trend

4521,1721,8912021 Q4 — RM 634 psf, 6 sales2022 Q1 — RM 592 psf, 1 sale2023 Q1 — RM 1,752 psf, 2 sales
2021 Q42023 Q1
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in WP Kuala Lumpur long or clean enough to state a direction, so this page states none.

Distribution · 9 priced sales

RM 491–657 psf — 5 salesRM 657–824 psf — 1 saleRM 824–990 psf — 0 salesRM 990–1,156 psf — 0 salesRM 1,156–1,323 psf — 0 salesRM 1,323–1,489 psf — 0 salesRM 1,489–1,656 psf — 0 salesRM 1,656–1,822 psf — 0 salesRM 1,822–1,988 psf — 0 salesRM 1,988–2,155 psf — 0 salesRM 2,155–2,321 psf — 1 saleRM 2,321–2,487 psf — 1 saleRM 2,487–2,654 psf — 0 salesRM 2,654–2,820 psf — 1 sale
RM 491RM 2,820 psf

Each bar counts sales in a RM 166 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 13 of 13

DateTypeFloorArea (sq ft)PricepsfTenure
18 Oct 2023Shop Unit/Retail LotGRM 3,600,000Freehold
15 Feb 20236 - 6 1/2 Storey Shop1,173RM 3,400,0002,898Freehold
15 Feb 20236 - 6 1/2 Storey Shop1,981RM 1,200,000606Freehold
30 Dec 2022Office Lot3RM 930,000Freehold
30 Dec 2022Office Lot2RM 1,200,000Freehold
30 Dec 2022Shop Unit/Retail LotGRM 3,470,000Freehold
16 Mar 20226 - 6 1/2 Storey Shop1,690RM 1,000,000592Freehold
25 Nov 20216 - 6 1/2 Storey Shop1,410RM 3,400,0002,411Freehold
25 Nov 20216 - 6 1/2 Storey Shop1,389RM 3,100,0002,233Freehold
25 Nov 20216 - 6 1/2 Storey Shop1,733RM 850,000491Freehold
25 Nov 20216 - 6 1/2 Storey Shop1,722RM 850,000494Freehold
25 Nov 20216 - 6 1/2 Storey Shop1,109RM 750,000677Freehold
25 Nov 20216 - 6 1/2 Storey Shop1,098RM 650,000592Freehold

Others in Kuala Lumpur · commercial

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.