TAMAN PETALING UTAMA

TAMAN PETALING UTAMA in Petaling, Selangor recorded 14 subsale transactions in 2022, with a median price of RM 699K and a median price per square foot (PSF) of RM 520.

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 699K, with most transactions falling within a stable range of RM 230K to RM 1.17 million, and a typical market range of RM 224K to RM 1.17 million.

Most transactions involved office lot, with high diversity across multiple property types.

Price per square foot shows a median of RM 520, though individual units vary from RM 276 to RM 763 in the core range. The broader market spans RM 293.00 to RM 746.00, indicating diverse property characteristics. A wider spread (IQR: RM 453.00) and deviation (MAD: RM 244) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.