RENAI JELUTONG @ BUKIT JELUTONG

RENAI JELUTONG @ BUKIT JELUTONG in Petaling, Selangor recorded 11 subsale transactions in 2021, with a median price of RM 479K and a median price per square foot (PSF) of RM 579.

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 479K, with most transactions falling within a stable range of RM 469K to RM 576K, and a typical market range of RM 469K to RM 595K.

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

For price per square foot, the median is RM 579, with most transactions between RM 531 and RM 627. The usual range is RM 569.13 to RM 588.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 19.75 and an average deviation (MAD) of RM 48 indicate a highly stable PSF trend across properties.

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.