MERCHANT SQUARE TROPICANA

MERCHANT SQUARE TROPICANA in Petaling, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 568K and a median price per square foot (PSF) of RM 319.

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 568K, with most transactions falling within a stable range of RM 555K to RM 580K, and a typical market range of RM 555K to RM 580K.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 319, with most transactions between RM 312 and RM 326. The usual range is RM 311.38 to RM 326.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 15.25 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.