ECO ARDENCE

ECO ARDENCE in Petaling, Selangor recorded 61 subsale transactions in 2023, with a median price of RM 1.90 million and a median price per square foot (PSF) of RM 692.

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 1.90 million, with most transactions falling within a stable range of RM 1.32 million to RM 2.48 million, and a typical market range of RM 1.59 million to RM 2.21 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 692, with core pricing between RM 611 and RM 773. Market pricing typically extends from RM 633.88 to RM 750.13, reflecting moderate variation in unit pricing. With an IQR of RM 116.25 and MAD of RM 81, 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. Moderate transaction volume may require patience when buying or selling.