TAMAN MEDAN-JALAN KLANG LAMA

TAMAN MEDAN-JALAN KLANG LAMA in Petaling, Selangor recorded 8 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 423.

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 510K, with most transactions falling within a stable range of RM 371K to RM 570K, and a typical market range of RM 325K to RM 570K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 423, though individual units vary from RM 317 to RM 528 in the core range. The broader market spans RM 319.50 to RM 525.50, indicating diverse property characteristics. The spread of RM 206.00 (IQR) and deviation of RM 105 (MAD) suggest moderate price variations reflecting different property features.

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.