ICON CITY - SS 8, PETALING JAYA in Petaling, Selangor recorded 2 subsale transactions in 2021, with a median price of RM 650K and a median price per square foot (PSF) of RM 1,134.
This area contains both residential and commercial properties. View 3 residential properties or 4 commercial properties separately for more focused analysis.
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 486K to RM 814K, and a typical market range of RM 549K to RM 751K.
Most transactions involved office lot, though some variety exists in the market.
The median PSF stands at RM 1,134, with core pricing between RM 943 and RM 1,325. Market pricing typically extends from RM 979.00 to RM 1,289.00, reflecting moderate variation in unit pricing. The spread of RM 310.00 (IQR) and deviation of RM 191 (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.
