SEK. 21 PETALING JAYA in Petaling, Selangor recorded 22 subsale transactions in 2022, with a median price of RM 830K and a median price per square foot (PSF) of RM 470.
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 830K, with most transactions falling within a stable range of RM 710K to RM 950K, and a typical market range of RM 693K to RM 968K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 470, with core pricing between RM 392 and RM 547. Market pricing typically extends from RM 401.50 to RM 537.50, reflecting moderate variation in unit pricing. The spread of RM 136.00 (IQR) and deviation of RM 78 (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. Moderate transaction volume may require patience when buying or selling.
