Binjai 8
Commercial Transaction Prices
Binjai 8 is a township/project located in Kuala Lumpur, Wp Kuala Lumpur. The median transacted price for Binjai 8 is RM 1,400,000 with a median transacted price of RM 1,134.69 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 1,400,000
7.69% YoY
Lower: RM 1,030,000
Upper: RM 1,600,000
Median price per sq.ft. (psf)
RM 1,134.69
-9.81% YoY
Lower: RM 1,040.52
Upper: RM 1,367.00
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Binjai 8 Median Price Psf
Latest Transactions from May 23 to Apr 24
(3 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Unit Level | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|---|
| April 2024 | Service Residence | Freehold | N/A | 1,345.49 sq.ft | N/A | RM 1,400,000 | RM 1,041 | |
| January 2024 | Service Residence | Freehold | N/A | 1,410.07 sq.ft | N/A | RM 1,600,000 | RM 1,135 | |
| August 2023 | Service Residence | Freehold | N/A | 753.47 sq.ft | N/A | RM 1,030,000 | RM 1,367 |
April 2024
Type: Service Residence
Tenure: Freehold
Road: N/A
Land Area: 1,345.49 sq.ft
Build Area: N/A
Transaction: RM 1,400,000
Price PSF: RM 1,041
January 2024
Type: Service Residence
Tenure: Freehold
Road: N/A
Land Area: 1,410.07 sq.ft
Build Area: N/A
Transaction: RM 1,600,000
Price PSF: RM 1,135
August 2023
Type: Service Residence
Tenure: Freehold
Road: N/A
Land Area: 753.47 sq.ft
Build Area: N/A
Transaction: RM 1,030,000
Price PSF: RM 1,367
Frequently Asked Questions
What factors affect commercial property prices in Binjai 8, Kuala Lumpur?
Commercial property prices in Binjai 8, Kuala Lumpur are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will commercial property prices fluctuate in Binjai 8, Kuala Lumpur?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Binjai 8, Kuala Lumpur.
How have commercial property prices changed recently in Binjai 8, Kuala Lumpur?
In the past 12 months, commercial property prices in Binjai 8, Kuala Lumpur have increased by 7.69% YoY.
What is the median price for commercial property in Binjai 8, Kuala Lumpur?
The median price for commercial property in Binjai 8, Kuala Lumpur is RM 1,400,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.