PUNCAK ALAM

Area Intelligence

2023

Median Price

RM 721,000

PSF: RM 50

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Residential PSF Trends

Median Price

RM 721,000

PSF: RM 50

PUNCAK ALAM in Kuala Selangor, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 721K and a median price per square foot (PSF) of RM 50.

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 721K, with most transactions falling within a stable range of RM 642K to RM 800K, and a typical market range of RM 671K to RM 771K.

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

Price per square foot shows a median of RM 50, though individual units vary from RM 35 to RM 64 in the core range. The broader market spans RM 12.50 to RM 86.50, indicating diverse property characteristics. A wider spread (IQR: RM 74.00) and deviation (MAD: RM 15) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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PUNCAK ALAM, Kuala Selangor, Selangor

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