JALAN PETALING in Kuala Lumpur, Kuala Lumpur recorded 1 subsale transactions in 2022, with a median price of RM 7.00 million and a median price per square foot (PSF) of RM 2,765.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 7.00 million, with most transactions falling within a stable range of RM 5.10 million to RM 8.90 million, and a typical market range of RM 5.40 million to RM 8.60 million.
Most transactions involved 6 - 6 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 2,765, though individual units vary from RM 2,145 to RM 3,386 in the core range. The broader market spans RM 2,186.63 to RM 3,343.38, indicating diverse property characteristics. The spread of RM 1,156.75 (IQR) and deviation of RM 621 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
