SEK. 22 PETALING JAYA in Petaling, Selangor recorded 7 subsale transactions in 2022, with a median price of RM 550K 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 550K, with most transactions falling within a stable range of RM 382K to RM 718K, and a typical market range of RM 406K to RM 694K.
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 298 and RM 396. Market pricing typically extends from RM 296.50 to RM 397.50, reflecting moderate variation in unit pricing. With an IQR of RM 101.00 and MAD of RM 49, 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. Limited transaction history suggests carefully evaluating comparable sales data.
