SS8, PETALING JAYA in Petaling, Selangor recorded 1 subsale transactions in 2024, with a median price of RM 185.00 million and a median price per square foot (PSF) of RM 386.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 185.00 million, with most transactions falling within a stable range of RM 108.00 million to RM 262.00 million, and a typical market range of RM 146.50 million to RM 223.50 million.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 386, with most transactions between RM 372 and RM 401. The usual range is RM 378.75 to RM 393.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.50 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.
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.