TAMAN PETALING UTAMA-PJS 1 in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 185K and a median price per square foot (PSF) of RM 259.
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 185K, with most transactions falling within a stable range of RM 164K to RM 206K, and a typical market range of RM 154K to RM 217K.
Most transactions involved flats, with moderate diversity in property types available.
For price per square foot, the median is RM 259, with most transactions between RM 244 and RM 275. The usual range is RM 239.75 to RM 278.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.50 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.