PETALING JAYA SEKSYEN 8

Area Intelligence

2022

Median Price

RM 1,000,000

PSF: RM 497

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Commercial PSF Trends

Median Price

RM 1,000,000

RM 497 PSF

PETALING JAYA SEKSYEN 8 in Petaling, Selangor recorded 14 subsale transactions in 2022, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 497.

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 1.00 million, with most transactions falling within a stable range of RM 995K to RM 630K, and a typical market range of RM 620K to RM 630K.

Most transactions involved office lot, with high diversity across multiple property types.

For price per square foot, the median is RM 497, with most transactions between RM 491 and RM 503. The usual range is RM 139.13 to RM 853.88, showing that most units are priced quite close to each other. With an IQR of RM 714.75 and MAD of RM 6, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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PETALING JAYA SEKSYEN 8, Petaling, Selangor

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