Condo prices in Kuala Lumpur
Asked 24 Oct 2026 · 1 answer
AI Answer · Live market data
Average subsale price
RM 1,024,793▲
Kuala Lumpur (subsale)
Up ~15% year-on-year; first RM1mil+ market on this measure [2]
Asking price
RM 1,129,000 (RM 579.57 psf)
Asa Residence, Sri Petaling
1,948 sqft, partially furnished; listed Oct 2026 [1]
Starting psf
RM 873.01 psf
Cappella Embassy, KL
Service residence, 1,109–2,260 sqft, completed 2022 [1]
Expected price growth
2.5% - 5%▲
Malaysia outlook 2026
Moderate, selective gains in key locations [6]
Kuala Lumpur is now Malaysia's first million-ringgit housing market on subsale measures: the city's average subsale price reached RM 1,024,793 in 2026, up about 15% year-on-year [2]. Selangor, by contrast, averaged RM 559,935 and was broadly stable [2].
Asking prices vary widely by project and unit. Current listings include Asa Residence at Bandar Baru Sri Petaling, asking RM 1,129,000 (about RM 580 psf) for a 1,948 sqft partially furnished condominium [1], while Cappella Embassy service residences are listed from about RM 873 psf for units of 1,109–2,260 sqft [1]. At the top end, the priciest KL properties are described as barely reaching RM 2,500 psf [5].
Market direction: prices in 2026 are expected to rise moderately, roughly 2.5%–5%, with gains selective and concentrated in key locations [6]. Nationally, Q1 2026 saw about 90,000 transactions worth RM 51.9 billion [3]. Note the serviced-apartment segment carries oversupply risk — unsold completed units rose to 19,263 worth RM 16.52 billion in Q1 2026 [2].
These are indicative asking/subsale figures that vary by unit, floor, view and condition. For a specific project or budget, I'm happy to pull comparables.