NEO DAMANSARA

NEO DAMANSARA in Petaling, Selangor recorded 4 subsale transactions in 2023, with a median price of RM 493K and a median price per square foot (PSF) of RM 369.

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 493K, with most transactions falling within a stable range of RM 320K to RM 665K, and a typical market range of RM 391K to RM 594K.

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

The median PSF stands at RM 369, with core pricing between RM 310 and RM 427. Market pricing typically extends from RM 345.75 to RM 391.25, reflecting moderate variation in unit pricing. The spread of RM 45.50 (IQR) and deviation of RM 59 (MAD) suggest moderate price variations reflecting different property features.

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.