RESIDENSI GEO in Petaling, Selangor recorded 24 subsale transactions in 2022, with a median price of RM 999K and a median price per square foot (PSF) of RM 977.
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 999K, with most transactions falling within a stable range of RM 847K to RM 1.15 million, and a typical market range of RM 802K to RM 1.20 million.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 977, with most transactions between RM 928 and RM 1,027. The usual range is RM 926.00 to RM 1,028.00, showing that most units are priced quite close to each other. With an IQR of RM 102.00 and MAD of RM 50, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.