LEISURE COMMERCE SQUARE in Petaling, Selangor recorded 18 subsale transactions in 2022, with a median price of RM 165K and a median price per square foot (PSF) of RM 244.
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 165K, with most transactions falling within a stable range of RM 108K to RM 222K, and a typical market range of RM 90K to RM 249K.
Most transactions involved office lot, though some variety exists in the market.
The median PSF stands at RM 244, with core pricing between RM 202 and RM 286. Market pricing typically extends from RM 209.38 to RM 278.63, reflecting moderate variation in unit pricing. The spread of RM 69.25 (IQR) and deviation of RM 42 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
