I-SUITE (I-SOHO @ I-CITY) in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 363K and a median price per square foot (PSF) of RM 592.
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 363K, with most transactions falling within a stable range of RM 323K to RM 403K, and a typical market range of RM 329K to RM 398K.
Most transactions involved soho/sofo/sovo, with minimal variety in property types.
The median PSF stands at RM 592, with core pricing between RM 493 and RM 691. Market pricing typically extends from RM 509.25 to RM 674.75, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.