TAMAN MEDAN

TAMAN MEDAN in Petaling, Selangor recorded 10 subsale transactions in 2023, with a median price of RM 745K and a median price per square foot (PSF) of RM 433.

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 745K, with most transactions falling within a stable range of RM 247K to RM 1.24 million, and a typical market range of RM 595K to RM 895K.

Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 433, though individual units vary from RM 342 to RM 524 in the core range. The broader market spans RM 367.50 to RM 498.50, indicating diverse property characteristics. The spread of RM 131.00 (IQR) and deviation of RM 91 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.