19 SENTRAL (THE HUB) in Petaling, Selangor recorded 3 subsale transactions in 2022, with a median price of RM 730K and a median price per square foot (PSF) of RM 943.
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 730K, with most transactions falling within a stable range of RM 615K to RM 845K, and a typical market range of RM 309K to RM 1.15 million.
Most transactions involved office lot, though some variety exists in the market.
For price per square foot, the median is RM 943, with most transactions between RM 856 and RM 1,030. The usual range is RM 809.50 to RM 1,076.50, showing that most units are priced quite close to each other. With an IQR of RM 267.00 and MAD of RM 87, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
