SEK. 4 PETALING JAYA in Petaling, Selangor recorded 11 subsale transactions in 2022, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 269.
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 1.05 million, with most transactions falling within a stable range of RM 1.01 million to RM 650K, and a typical market range of RM 689K to RM 650K.
Most transactions involved detached, with moderate diversity in property types available.
For price per square foot, the median is RM 269, with most transactions between RM 260 and RM 278. The usual range is RM 213.88 to RM 324.13, showing that most units are priced quite close to each other. With an IQR of RM 110.25 and MAD of RM 9, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
