Selangor, Petaling, Bandar Petaling Jaya

PHILEO DAMANSARA

Area Intelligence

2023

Median Price

RM 919,000

PSF: RM 417

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Commercial PSF Trends

Median Price

RM 919,000

RM 417 PSF

PHILEO DAMANSARA in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 919K and a median price per square foot (PSF) of RM 417.

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 919K, with most transactions falling within a stable range of RM 766K to RM 1.02 million, and a typical market range of RM 775K to RM 1.02 million.

Most transactions involved office lot, with minimal variety in property types.

The median PSF stands at RM 417, with core pricing between RM 362 and RM 472. Market pricing typically extends from RM 377.75 to RM 456.25, reflecting moderate variation in unit pricing. With an IQR of RM 78.50 and MAD of RM 55, 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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PHILEO DAMANSARA, Petaling, Selangor

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