PETALING JAYA SEKSYEN 8

PETALING JAYA SEKSYEN 8 in Petaling, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 292.

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 500K, with most transactions falling within a stable range of RM 400K to RM 600K, and a typical market range of RM 400K to RM 600K.

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

For price per square foot, the median is RM 292, with most transactions between RM 264 and RM 320. The usual range is RM 0.00 to RM 649.38, showing that most units are priced quite close to each other. With an IQR of RM 714.75 and MAD of RM 28, 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.