SEK. 8 PETALING JAYA in Petaling, Selangor recorded 15 subsale transactions in 2022, with a median price of RM 490K and a median price per square foot (PSF) of RM 227.
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 490K, with most transactions falling within a stable range of RM 358K to RM 622K, and a typical market range of RM 368K to RM 612K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 227, though individual units vary from RM 174 to RM 280 in the core range. The broader market spans RM 174.00 to RM 280.00, indicating diverse property characteristics. The spread of RM 106.00 (IQR) and deviation of RM 53 (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. Limited transaction history suggests carefully evaluating comparable sales data.
