I-SUITE (I-SOHO @ I-CITY) in Petaling, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 293K and a median price per square foot (PSF) of RM 565.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 293K, with most transactions falling within a stable range of RM 253K to RM 333K, and a typical market range of RM 259K to RM 328K.
Most transactions involved soho/sofo/sovo, with minimal variety in property types.
The median PSF stands at RM 565, with core pricing between RM 466 and RM 664. Market pricing typically extends from RM 481.75 to RM 647.25, reflecting moderate variation in unit pricing. The spread of RM 165.50 (IQR) and deviation of RM 99 (MAD) suggest moderate price variations reflecting different property features.
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.