PETALING GARDEN

Area Intelligence

2023

Median Price

RM 690,000

PSF: RM 422

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Residential PSF Trends

Median Price

RM 690,000

PSF: RM 422

PETALING GARDEN in Kuala Lumpur, Kuala Lumpur recorded 4 subsale transactions in 2023, priced between RM 500K and RM 750K, with a median price of RM 690K and a median price per square foot (PSF) of RM 422.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 690K, with most transactions falling within a stable range of RM 666K to RM 714K, and a typical market range of RM 665K to RM 730K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 422, with most transactions between RM 383 and RM 462. The usual range is RM 371.03 to RM 473.53, showing that most units are priced quite close to each other. With an IQR of RM 102.50 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.

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.

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PETALING GARDEN, Kuala Lumpur, Kuala Lumpur

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