SEK. 14 PETALING JAYA in Petaling, Selangor recorded 30 subsale transactions in 2023, with a median price of RM 715K and a median price per square foot (PSF) of RM 332.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 715K, with most transactions falling within a stable range of RM 555K to RM 875K, and a typical market range of RM 520K to RM 910K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 332, with core pricing between RM 273 and RM 391. Market pricing typically extends from RM 273.00 to RM 391.00, reflecting moderate variation in unit pricing. The spread of RM 118.00 (IQR) and deviation of RM 59 (MAD) suggest moderate price variations reflecting different property features.
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.
