MENARA MITRALAND

MENARA MITRALAND in Petaling, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 820K and a median price per square foot (PSF) of RM 628.

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 820K, with most transactions falling within a stable range of RM 800K to RM 840K, and a typical market range of RM 800K to RM 840K.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 628, with most transactions between RM 597 and RM 658. The usual range is RM 610.50 to RM 644.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 31 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.