SEK. 17 PETALING JAYA in Petaling, Selangor recorded 34 subsale transactions in 2022, with a median price of RM 882K and a median price per square foot (PSF) of RM 521.
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 882K, with most transactions falling within a stable range of RM 734K to RM 1.03 million, and a typical market range of RM 635K to RM 1.13 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 521, with core pricing between RM 444 and RM 598. Market pricing typically extends from RM 443.75 to RM 597.25, reflecting moderate variation in unit pricing. With an IQR of RM 153.50 and MAD of RM 77, the PSF demonstrates reasonable consistency across the market.
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.
