ARA DAMANSARA - ARA GREENS

ARA DAMANSARA - ARA GREENS in Petaling, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 568K and a median price per square foot (PSF) of RM 871.

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 568K, with most transactions falling within a stable range of RM 349K to RM 787K, and a typical market range of RM 144K to RM 991K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 871, with most transactions between RM 834 and RM 908. The usual range is RM 832.25 to RM 909.75, showing that most units are priced quite close to each other. With an IQR of RM 77.50 and MAD of RM 37, 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.