KELANA SQUARE

KELANA SQUARE in Petaling, Selangor recorded 8 subsale transactions in 2023, with a median price of RM 375K and a median price per square foot (PSF) of RM 326.

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 375K, with most transactions falling within a stable range of RM 348K to RM 402K, and a typical market range of RM 343K to RM 407K.

Most transactions involved office lot, though some variety exists in the market.

For price per square foot, the median is RM 326, with most transactions between RM 311 and RM 341. The usual range is RM 312.75 to RM 338.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.50 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.