Selangor, Petaling, Bandar Petaling Jaya

PJ MIDTOWN

Area Intelligence

2023

Median Price

RM 570,000

PSF: RM 908

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Residential PSF Trends

Median Price

RM 570,000

PSF: RM 908

Commercial PSF Trends

Median Price

RM 1,682,500

RM 957 PSF

PJ MIDTOWN in Petaling, Selangor recorded 4 subsale transactions in 2023, priced between RM 500K and RM 750K, with a median price of RM 570K and a median price per square foot (PSF) of RM 908.

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 570K, with most transactions falling within a stable range of RM 545K to RM 648K, and a typical market range of RM 545K to RM 740K.

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

For price per square foot, the median is RM 908, with most transactions between RM 859 and RM 957. The usual range is RM 887.60 to RM 928.10, 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 49 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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