TAMAN MEDAN in Petaling, Selangor recorded 4 subsale transactions in 2022, with a median price of RM 918K and a median price per square foot (PSF) of RM 442.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 918K, with most transactions falling within a stable range of RM 745K to RM 1.09 million, and a typical market range of RM 768K to RM 1.07 million.
Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.
The median PSF stands at RM 442, with core pricing between RM 373 and RM 512. Market pricing typically extends from RM 376.50 to RM 507.50, reflecting moderate variation in unit pricing. The spread of RM 131.00 (IQR) and deviation of RM 70 (MAD) suggest moderate price variations reflecting different property features.
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. Limited transaction history suggests carefully evaluating comparable sales data.
