DESA COALFIELD in Kuala Selangor, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 438K and a median price per square foot (PSF) of RM 336.
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 438K, with most transactions falling within a stable range of RM 368K to RM 508K, and a typical market range of RM 322K to RM 554K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 336, with most transactions between RM 305 and RM 367. The usual range is RM 296.00 to RM 376.00, showing that most units are priced quite close to each other. With an IQR of RM 80.00 and MAD of RM 31, 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.
