AZURE RESIDENCE/SAPPHIRE- SS7 in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 650K and a median price per square foot (PSF) of RM 700.
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 650K, with most transactions falling within a stable range of RM 576K to RM 724K, and a typical market range of RM 481K to RM 820K.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 700, with most transactions between RM 677 and RM 723. The usual range is RM 662.00 to RM 738.00, showing that most units are priced quite close to each other. With an IQR of RM 76.00 and MAD of RM 23, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.