PJ MIDTOWN in Petaling, Selangor recorded 17 subsale transactions in 2022, with a median price of RM 868K and a median price per square foot (PSF) of RM 949.
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 868K, with most transactions falling within a stable range of RM 777K to RM 960K, and a typical market range of RM 533K to RM 1.20 million.
Most transactions involved service apartment, with moderate diversity in property types available.
For price per square foot, the median is RM 949, with most transactions between RM 926 and RM 973. The usual range is RM 928.75 to RM 969.25, 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. Limited transaction history suggests carefully evaluating comparable sales data.
