Petaling Jaya Sek 1 & 1A

Petaling Jaya Sek 1 & 1A in Petaling, Selangor recorded 3 subsale transactions in 2022, with a median price of RM 2.45 million and a median price per square foot (PSF) of RM 550.

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 2.45 million, with most transactions falling within a stable range of RM 1.71 million to RM 2.50 million, and a typical market range of RM 1.97 million to RM 2.50 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 550, with most transactions between RM 508 and RM 593. The usual range is RM 275.62 to RM 825.12, showing that most units are priced quite close to each other. With an IQR of RM 549.50 and MAD of RM 43, 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.