SS8, PETALING JAYA in Petaling, Selangor recorded 1 subsale transactions in 2022, with a median price of RM 31.00 million and a median price per square foot (PSF) of RM 357.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 31.00 million, with most transactions falling within a stable range of RM -46,000,000 to RM 108.00 million, and a typical market range of RM -7,500,000 to RM 69.50 million.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 357, with most transactions between RM 343 and RM 372. The usual range is RM 349.75 to RM 364.25, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.