ECO ARDENCE

Area Intelligence

2022

Median Price

RM 749,000

PSF: RM 707

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Residential PSF Trends

Median Price

RM 749,000

PSF: RM 707

ECO ARDENCE in Petaling, Selangor recorded 2 subsale transactions in 2022, priced between RM 500K and RM 750K, with a median price of RM 749K and a median price per square foot (PSF) of RM 707.

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 749K, with most transactions falling within a stable range of RM 748K to RM 750K, and a typical market range of RM 748K to RM 750K.

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

For price per square foot, the median is RM 707, with most transactions between RM 676 and RM 739. The usual range is RM 650.40 to RM 764.40, showing that most units are priced quite close to each other. With an IQR of RM 114.00 and MAD of RM 32, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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ECO ARDENCE, Petaling, Selangor

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