ARATRE RESIDENCES

ARATRE RESIDENCES in Petaling, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 650K and a median price per square foot (PSF) of RM 699.

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 650K, with most transactions falling within a stable range of RM 550K to RM 750K, and a typical market range of RM 550K to RM 750K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 699, with most transactions between RM 656 and RM 741. The usual range is RM 690.50 to RM 706.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.00 and an average deviation (MAD) of RM 43 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.