PINNACLE PJ in Petaling, Selangor recorded 8 subsale transactions in 2023, with a median price of RM 556K and a median price per square foot (PSF) of RM 1,004.
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 556K, with most transactions falling within a stable range of RM 469K to RM 644K, and a typical market range of RM 418K to RM 694K.
Most transactions involved office lot, with minimal variety in property types.
The median PSF stands at RM 1,004, with core pricing between RM 860 and RM 1,147. Market pricing typically extends from RM 877.88 to RM 1,129.13, reflecting moderate variation in unit pricing. With an IQR of RM 251.25 and MAD of RM 144, 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.