Selangor, Petaling, Bdr Petaling Jaya Selatan

TAMAN PETALING UTAMA

Area Intelligence

2022

Median Price

RM 699,000

PSF: RM 520

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Commercial PSF Trends

Median Price

RM 699,000

RM 520 PSF

TAMAN PETALING UTAMA in Petaling, Selangor recorded 14 subsale transactions in 2022, with a median price of RM 699K and a median price per square foot (PSF) of RM 520.

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 699K, with most transactions falling within a stable range of RM 1.43 million to RM 769K, and a typical market range of RM 1.43 million to RM 1.17 million.

Most transactions involved office lot, with high diversity across multiple property types.

For price per square foot, the median is RM 520, with most transactions between RM 497 and RM 542. The usual range is RM 293.00 to RM 746.00, showing that most units are priced quite close to each other. With an IQR of RM 453.00 and MAD of RM 23, 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.

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TAMAN PETALING UTAMA, Petaling, Selangor

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