RIANA GREEN-PJU 3 in Petaling, Selangor recorded 17 subsale transactions in 2023, with a median price of RM 499K and a median price per square foot (PSF) of RM 474.
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 499K, with most transactions falling within a stable range of RM 378K to RM 620K, and a typical market range of RM 370K to RM 629K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 474, with core pricing between RM 409 and RM 539. Market pricing typically extends from RM 409.88 to RM 538.13, reflecting moderate variation in unit pricing. With an IQR of RM 128.25 and MAD of RM 65, 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.