SEK. 22 PETALING JAYA

Area Intelligence

2022

Median Price

RM 550,000

PSF: RM 347

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Residential PSF Trends

Median Price

RM 550,000

PSF: RM 347

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 550K to RM 600K, and a typical market range of RM 550K to RM 650K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 347, with most transactions between RM 337 and RM 357. The usual range is RM 296.50 to RM 397.50, showing that most units are priced quite close to each other. With an IQR of RM 101.00 and MAD of RM 10, 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.

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SEK. 22 PETALING JAYA, Petaling, Selangor

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