PRIMA SIXTEEN - SEK.16 PJ

PRIMA SIXTEEN - SEK.16 PJ in Petaling, Selangor recorded 4 subsale transactions in 2023, with a median price of RM 662K and a median price per square foot (PSF) of RM 477.

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 662K, with most transactions falling within a stable range of RM 612K to RM 700K, and a typical market range of RM 583K to RM 700K.

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

For price per square foot, the median is RM 477, with most transactions between RM 440 and RM 513. The usual range is RM 442.25 to RM 510.75, showing that most units are priced quite close to each other. With an IQR of RM 68.50 and MAD of RM 36, 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.