SEK. 14 PETALING JAYA in Petaling, Selangor recorded 38 subsale transactions in 2022, with a median price of RM 600K and a median price per square foot (PSF) of RM 347.
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 600K, with most transactions falling within a stable range of RM 440K to RM 760K, and a typical market range of RM 405K to RM 795K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 347, with core pricing between RM 288 and RM 406. Market pricing typically extends from RM 288.00 to RM 406.00, 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.
