PRIMA SIXTEEN - SEK.16 PJ

PRIMA SIXTEEN - SEK.16 PJ in Petaling, Selangor recorded 11 subsale transactions in 2024, with a median price of RM 770K and a median price per square foot (PSF) of RM 487.

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 770K, with most transactions falling within a stable range of RM 550K to RM 1.09 million, and a typical market range of RM 692K to RM 848K.

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

The median PSF stands at RM 487, with core pricing between RM 437 and RM 537. Market pricing typically extends from RM 452.75 to RM 521.25, reflecting moderate variation in unit pricing. With an IQR of RM 68.50 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.

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.