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MEDAN CONNAUGHT

Kuala Lumpur, WP Kuala Lumpur · Commercial · 9 recorded sales, Mar 2021 to Jun 2024

No sale recorded since Jun 2024Office Lot · 5Serviced Apartment · 36 - 6 1/2 Storey Shop · 1
RM 512psf median, against built-up area · 4 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 501541 psf
Median price
RM 500,000
Price range
RM 355kRM 524k
Built-up area
592958 sq ft
Land area · 6
9581,141 sq ft
Median price per sq ft of land
RM 480

Median of 4 sales that carry a usable area, out of 9 on record — NAPIC published no area for the other 5, so they have no psf. Half the sales fell inside the middle-half band; half did not.

Land is published separately from built-up area and is the larger of the two here — a median of 958 sq ft against 958. 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 Jun 2024. Last on record: 6 Jun 2024.

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.

20213 · RM 501 psf
20221 · RM 501 psf
20234 · RM 600 psf
20241 · RM 522 psf

Quarterly medians · not a price trend

4895506122021 Q4 — RM 501 psf, 1 sale2022 Q4 — RM 501 psf, 1 sale2023 Q2 — RM 600 psf, 1 sale2024 Q2 — RM 522 psf, 1 sale
2021 Q42024 Q2
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 · 4 priced sales

RM 501–508 psf — 2 salesRM 508–515 psf — 0 salesRM 515–521 psf — 0 salesRM 521–528 psf — 1 saleRM 528–535 psf — 0 salesRM 535–541 psf — 0 salesRM 541–548 psf — 0 salesRM 548–555 psf — 0 salesRM 555–561 psf — 0 salesRM 561–568 psf — 0 salesRM 568–575 psf — 0 salesRM 575–582 psf — 0 salesRM 582–588 psf — 0 salesRM 588–595 psf — 1 sale
RM 501RM 595 psf

Each bar counts sales in a RM 7 psf band, measured against built-up 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 · 9 of 9

DateTypeFloorArea (sq ft)PricepsfTenure
6 Jun 2024Serviced Apartment29958RM 500,000522Freehold
8 Nov 2023Office Lot28RM 420,000Freehold
18 Apr 2023Serviced Apartment23A592RM 355,000600Freehold
5 Apr 2023Office Lot20RM 524,000Freehold
30 Jan 2023Office Lot30RM 512,000Freehold
18 Oct 2022Serviced Apartment29958RM 480,000501Freehold
24 Dec 20216 - 6 1/2 Storey Shop958RM 480,000501Freehold
31 May 2021Office Lot5RM 503,190Freehold
4 Mar 2021Office Lot26RM 513,270Freehold

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: built-up area. Nothing here is a valuation.