PELANGI POINT

PELANGI POINT in Klang, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 175K and a median price per square foot (PSF) of RM 232.

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 175K, with most transactions falling within a stable range of RM 164K to RM 185K, and a typical market range of RM 164K to RM 185K.

Most transactions involved office lot, with minimal variety in property types.

The median PSF stands at RM 232, with core pricing between RM 203 and RM 260. Market pricing typically extends from RM 215.25 to RM 247.75, reflecting moderate variation in unit pricing. With an IQR of RM 32.50 and MAD of RM 29, the PSF demonstrates reasonable consistency across the market.

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.