RIANA GREEN-PJU 3 in Petaling, Selangor recorded 9 subsale transactions in 2022, with a median price of RM 290K and a median price per square foot (PSF) of RM 555.
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 290K, with most transactions falling within a stable range of RM 169K to RM 411K, and a typical market range of RM 161K to RM 420K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 555, with core pricing between RM 490 and RM 620. Market pricing typically extends from RM 490.88 to RM 619.13, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.