DE CENDANA-BANDAR SETIA ALAM in Petaling, Selangor recorded 4 subsale transactions in 2022, with a median price of RM 100K and a median price per square foot (PSF) of RM 133.
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 100K, with most transactions falling within a stable range of RM 86K to RM 114K, and a typical market range of RM 75K to RM 125K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 133, with core pricing between RM 108 and RM 159. Market pricing typically extends from RM 99.13 to RM 166.88, reflecting moderate variation in unit pricing. The spread of RM 67.75 (IQR) and deviation of RM 26 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.