TAMAN MEDAN-JALAN KLANG LAMA

TAMAN MEDAN-JALAN KLANG LAMA in Petaling, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 403.

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 500K, with most transactions falling within a stable range of RM 400K to RM 600K, and a typical market range of RM 450K to RM 550K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 403, with most transactions between RM 370 and RM 435. The usual range is RM 386.25 to RM 418.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 33 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.