THE ALCOVE-PUTRA HEIGHTS

THE ALCOVE-PUTRA HEIGHTS in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 990K and a median price per square foot (PSF) of RM 610.

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 990K, with most transactions falling within a stable range of RM 900K to RM 1.15 million, and a typical market range of RM 900K to RM 1.13 million.

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

The median PSF stands at RM 610, with core pricing between RM 529 and RM 691. Market pricing typically extends from RM 561.75 to RM 658.25, reflecting moderate variation in unit pricing. With an IQR of RM 96.50 and MAD of RM 81, the PSF demonstrates reasonable consistency across the market.

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.