SEK. 3 PETALING JAYA in Petaling, Selangor recorded 6 subsale transactions in 2023, with a median price of RM 725K and a median price per square foot (PSF) of RM 188.
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 725K, with most transactions falling within a stable range of RM 365K to RM 1.09 million, and a typical market range of RM 376K to RM 1.07 million.
Most transactions involved detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 188, though individual units vary from RM 145 to RM 230 in the core range. The broader market spans RM 147.88 to RM 227.13, indicating diverse property characteristics. The spread of RM 79.25 (IQR) and deviation of RM 43 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
