ARA DAMANSARA - ARA GREENS in Petaling, Selangor recorded 10 subsale transactions in 2024, with a median price of RM 1.63 million and a median price per square foot (PSF) of RM 872.
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 1.63 million, with most transactions falling within a stable range of RM 1.53 million to RM 700K, and a typical market range of RM 1.21 million to RM 700K.
Most transactions involved service apartment, with minimal variety in property types.
The median PSF stands at RM 872, with core pricing between RM 715 and RM 1,029. Market pricing typically extends from RM 833.25 to RM 910.75, reflecting moderate variation in unit pricing. The spread of RM 77.50 (IQR) and deviation of RM 157 (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.
