TROPICANA AVNUE - PJU3 in Petaling, Selangor recorded 7 subsale transactions in 2023, with a median price of RM 555K and a median price per square foot (PSF) of RM 845.
This area contains both residential and commercial properties. View 20 residential properties or 8 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 555K, with most transactions falling within a stable range of RM 435K to RM 675K, and a typical market range of RM 389K to RM 721K.
Most transactions involved service apartment, with moderate diversity in property types available.
For price per square foot, the median is RM 845, with most transactions between RM 789 and RM 902. The usual range is RM 796.25 to RM 893.75, showing that most units are priced quite close to each other. With an IQR of RM 97.50 and MAD of RM 57, 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.
