PRIMA SIXTEEN - SEK.16 PJ

PRIMA SIXTEEN - SEK.16 PJ in Petaling, Selangor recorded 3 subsale transactions in 2022, with a median price of RM 800K and a median price per square foot (PSF) of RM 562.

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 800K, with most transactions falling within a stable range of RM 638K to RM 991K, and a typical market range of RM 722K to RM 878K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 562, with most transactions between RM 509 and RM 615. The usual range is RM 527.75 to RM 596.25, showing that most units are priced quite close to each other. With an IQR of RM 68.50 and MAD of RM 53, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.