PUNCAK ALAM in Kuala Selangor, Selangor recorded 51 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 326.
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 420K, with most transactions falling within a stable range of RM 376K to RM 464K, and a typical market range of RM 320K to RM 490K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 326, with core pricing between RM 270 and RM 382. Market pricing typically extends from RM 284.00 to RM 368.00, reflecting moderate variation in unit pricing. The spread of RM 84.00 (IQR) and deviation of RM 56 (MAD) suggest moderate price variations reflecting different property features.
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. Moderate transaction volume may require patience when buying or selling.
