TAMAN MEDAN

TAMAN MEDAN in Petaling, Selangor recorded 2 subsale transactions in 2024, with a median price of RM 698K and a median price per square foot (PSF) of RM 388.

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 698K, with most transactions falling within a stable range of RM 660K to RM 735K, and a typical market range of RM 660K to RM 735K.

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

For price per square foot, the median is RM 388, with most transactions between RM 367 and RM 408. The usual range is RM 322.00 to RM 453.00, showing that most units are priced quite close to each other. With an IQR of RM 131.00 and MAD of RM 21, 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.