RIANA GREEN-PJU 3 in Petaling, Selangor recorded 10 subsale transactions in 2021, with a median price of RM 323K and a median price per square foot (PSF) of RM 539.
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 323K, with most transactions falling within a stable range of RM 208K to RM 438K, and a typical market range of RM 195K to RM 452K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 539, with core pricing between RM 480 and RM 598. Market pricing typically extends from RM 474.63 to RM 603.38, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.