JALAN PETALING in Kuala Lumpur, Kuala Lumpur recorded 1 subsale transactions in 2021, with a median price of RM 13.80 million and a median price per square foot (PSF) of RM 4,006.
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 13.80 million, with most transactions falling within a stable range of RM 11.90 million to RM 15.70 million, and a typical market range of RM 12.20 million to RM 15.40 million.
Most transactions involved 6 - 6 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 4,006, with core pricing between RM 3,386 and RM 4,627. Market pricing typically extends from RM 3,427.63 to RM 4,584.38, reflecting moderate variation in unit pricing. The spread of RM 1,156.75 (IQR) and deviation of RM 621 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
