PEKAN MERU

PEKAN MERU in Klang, Selangor recorded 9 subsale transactions in 2022, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 708.

This area contains both residential and commercial properties. View 4 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.15 million, with most transactions falling within a stable range of RM 830K to RM 1.35 million, and a typical market range of RM 820K to RM 1.35 million.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 708, though individual units vary from RM 409 to RM 1,007 in the core range. The broader market spans RM 454.50 to RM 961.50, indicating diverse property characteristics. A wider spread (IQR: RM 507.00) and deviation (MAD: RM 299) indicate significant PSF variations, likely due to diverse property types or conditions.

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.