AERA SERVIS RESIDENSI @ AERA-PJS 5 in Petaling, Selangor recorded 12 subsale transactions in 2023, with a median price of RM 398K and a median price per square foot (PSF) of RM 692.
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 398K, with most transactions falling within a stable range of RM 360K to RM 441K, and a typical market range of RM 360K to RM 452K.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 692, with most transactions between RM 636 and RM 748. The usual range is RM 645.63 to RM 738.38, showing that most units are priced quite close to each other. With an IQR of RM 92.75 and MAD of RM 56, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.