SUNGAI. WAY NEW VILLAGE

SUNGAI. WAY NEW VILLAGE in Petaling, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 675K and a median price per square foot (PSF) of RM 135.

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 675K, with most transactions falling within a stable range of RM 350K to RM 1.00 million, and a typical market range of RM 556K to RM 794K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 135, though individual units vary from RM 70 to RM 200 in the core range. The broader market spans RM 111.25 to RM 158.75, indicating diverse property characteristics. A wider spread (IQR: RM 47.50) and deviation (MAD: RM 65) indicate significant PSF variations, likely due to diverse property types or conditions.

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.