RIANA GREEN-PJU 3 in Petaling, Selangor recorded 23 subsale transactions in 2022, with a median price of RM 580K and a median price per square foot (PSF) of RM 488.
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 580K, with most transactions falling within a stable range of RM 465K to RM 695K, and a typical market range of RM 452K to RM 709K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 488, with core pricing between RM 429 and RM 547. Market pricing typically extends from RM 423.63 to RM 552.38, reflecting moderate variation in unit pricing. With an IQR of RM 128.75 and MAD of RM 59, 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. Moderate transaction volume may require patience when buying or selling.