KELANA SQUARE

KELANA SQUARE in Petaling, Selangor recorded 8 subsale transactions in 2023, with a median price of RM 375K and a median price per square foot (PSF) of RM 326.

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 375K, with most transactions falling within a stable range of RM 294K to RM 456K, and a typical market range of RM 343K to RM 407K.

Most transactions involved office lot, though some variety exists in the market.

The median PSF stands at RM 326, with core pricing between RM 276 and RM 375. Market pricing typically extends from RM 312.75 to RM 338.25, reflecting moderate variation in unit pricing. The spread of RM 25.50 (IQR) and deviation of RM 49 (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. Limited transaction history suggests carefully evaluating comparable sales data.