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

I-RESIDENCE (I-CITY)-SEK.7 SHAH ALAM in Petaling, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 406K and a median price per square foot (PSF) of RM 547.

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 406K, with most transactions falling within a stable range of RM 333K to RM 479K, and a typical market range of RM 311K to RM 501K.

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

For price per square foot, the median is RM 547, with most transactions between RM 521 and RM 573. The usual range is RM 516.50 to RM 576.50, 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.

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.