I-RESIDENCE (I-CITY)-SEK.7 SHAH ALAM

I-RESIDENCE (I-CITY)-SEK.7 SHAH ALAM in Petaling, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 449K and a median price per square foot (PSF) of RM 588.

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 449K, with most transactions falling within a stable range of RM 376K to RM 522K, and a typical market range of RM 354K to RM 544K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 588, with most transactions between RM 562 and RM 614. The usual range is RM 557.50 to RM 617.50, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.