ICON CITY - SS 8, PETALING JAYA

Area Intelligence

2021

Median Price

RM 650,000

PSF: RM 1,134

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Residential PSF Trends

Median Price

RM 720,000

PSF: RM 746

Commercial PSF Trends

Median Price

RM 650,000

RM 1,134 PSF

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 550K to RM 750K, and a typical market range of RM 550K to RM 750K.

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 1,007 and RM 1,261. Market pricing typically extends from RM 979.00 to RM 1,289.00, reflecting moderate variation in unit pricing. With an IQR of RM 310.00 and MAD of RM 127, 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.

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ICON CITY - SS 8, PETALING JAYA, Petaling, Selangor

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