PUNCAK ALAM

Area Intelligence

2021

Median Price

RM 370,000

PSF: RM 250

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Residential PSF Trends

Median Price

RM 370,000

PSF: RM 250

PUNCAK ALAM in Kuala Selangor, Selangor recorded 67 subsale transactions in 2021, with a median price of RM 370K and a median price per square foot (PSF) of RM 250.

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 370K, with most transactions falling within a stable range of RM 850K to RM 745K, and a typical market range of RM 850K to RM 420K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 250, with core pricing between RM 213 and RM 288. Market pricing typically extends from RM 213.00 to RM 287.00, reflecting moderate variation in unit pricing. The spread of RM 74.00 (IQR) and deviation of RM 38 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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PUNCAK ALAM, Kuala Selangor, Selangor

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