SEK. 19 PETALING JAYA in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 590.
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 1.20 million, with most transactions falling within a stable range of RM 940K to RM 1.46 million, and a typical market range of RM 979K to RM 1.42 million.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 590, with core pricing between RM 481 and RM 700. Market pricing typically extends from RM 487.50 to RM 692.50, reflecting moderate variation in unit pricing. The spread of RM 205.00 (IQR) and deviation of RM 110 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
