RESIDENSI GEO in Petaling, Selangor recorded 10 subsale transactions in 2021, with a median price of RM 904K and a median price per square foot (PSF) of RM 984.
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 904K, with most transactions falling within a stable range of RM 752K to RM 1.06 million, and a typical market range of RM 707K to RM 1.10 million.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 984, with most transactions between RM 934 and RM 1,033. The usual range is RM 932.50 to RM 1,034.50, 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.
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.
