FIRST SUBANG

Area Intelligence

2023

Median Price

RM 562,500

PSF: RM 765

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Commercial PSF Trends

Median Price

RM 562,500

RM 765 PSF

FIRST SUBANG in Petaling, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 563K and a median price per square foot (PSF) of RM 765.

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 563K, with most transactions falling within a stable range of RM 400K to RM 725K, and a typical market range of RM 400K to RM 725K.

Most transactions involved office lot, though some variety exists in the market.

The median PSF stands at RM 765, with core pricing between RM 688 and RM 842. Market pricing typically extends from RM 716.88 to RM 813.13, reflecting moderate variation in unit pricing. With an IQR of RM 96.25 and MAD of RM 77, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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FIRST SUBANG, Petaling, Selangor

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