PJ MIDTOWN in Petaling, Selangor recorded 74 subsale transactions in 2021, with a median price of RM 855K and a median price per square foot (PSF) of RM 942.
This area contains both residential and commercial properties. View 108 residential properties or 66 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 855K, with most transactions falling within a stable range of RM 764K to RM 947K, and a typical market range of RM 520K to RM 1.19 million.
Most transactions involved service apartment, with moderate diversity in property types available.
For price per square foot, the median is RM 942, with most transactions between RM 919 and RM 966. The usual range is RM 921.75 to RM 962.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.50 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.
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. Moderate transaction volume may require patience when buying or selling.
