KELANA SQUARE

KELANA SQUARE in Petaling, Selangor recorded 9 subsale transactions in 2024, with a median price of RM 370K and a median price per square foot (PSF) of RM 315.

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 370K, with most transactions falling within a stable range of RM 283K to RM 519K, and a typical market range of RM 338K to RM 402K.

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

For price per square foot, the median is RM 315, with most transactions between RM 294 and RM 336. The usual range is RM 302.25 to RM 327.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.50 and an average deviation (MAD) of RM 21 indicate a highly stable PSF trend across properties.

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.