ICON CITY - SS 8, PETALING JAYA in Petaling, Selangor recorded 1 subsale transactions in 2023, with a median price of RM 204K and a median price per square foot (PSF) of RM 467.
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 204K, with most transactions falling within a stable range of RM 40K to RM 368K, and a typical market range of RM 103K to RM 305K.
Most transactions involved office lot, though some variety exists in the market.
Price per square foot shows a median of RM 467, though individual units vary from RM 276 to RM 658 in the core range. The broader market spans RM 312.00 to RM 622.00, indicating diverse property characteristics. A wider spread (IQR: RM 310.00) and deviation (MAD: RM 191) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
