PJ MIDTOWN in Petaling, Selangor recorded 10 subsale transactions in 2023, with a median price of RM 848K and a median price per square foot (PSF) of RM 930.
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 848K, with most transactions falling within a stable range of RM 757K to RM 940K, and a typical market range of RM 513K to RM 1.18 million.
Most transactions involved service apartment, with moderate diversity in property types available.
For price per square foot, the median is RM 930, with most transactions between RM 906 and RM 953. The usual range is RM 909.25 to RM 949.75, 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 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.
