Selangor, Petaling, Bandar Petaling Jaya

PJ MIDTOWN

Area Intelligence

2022

Median Price

RM 853,000

PSF: RM 941

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Residential PSF Trends

Median Price

RM 853,000

PSF: RM 932

Commercial PSF Trends

Median Price

RM 595,000

RM 970 PSF

PJ MIDTOWN in Petaling, Selangor recorded 14 subsale transactions in 2022, with a median price of RM 853K and a median price per square foot (PSF) of RM 941.

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 853K, with most transactions falling within a stable range of RM 843K to RM 500K, and a typical market range of RM 518K to RM 500K.

Most transactions involved service apartment, with moderate diversity in property types available.

For price per square foot, the median is RM 941, with most transactions between RM 924 and RM 957. The usual range is RM 920.25 to RM 960.75, 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 17 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.

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PJ MIDTOWN, Petaling, Selangor

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