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Market Snapshot
CommercialRM 800,000
RM 979 psfMedian transaction price
Petaling, Selangor, Malaysia
MapsUnited Garden in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2023, with a median price of RM 800K and a median price per square foot (PSF) of RM 979.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved shop unit/retail lot, with moderate diversity in property types available.
For price per square foot, the median is RM 979, with most transactions between RM 941 and RM 1,018. The usual range is RM 773.45 to RM 1,185.45, showing that most units are priced quite close to each other. With an IQR of RM 412.00 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
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