ARA DAMANSARA - ARA GREENS in Petaling, Selangor recorded 3 subsale transactions in 2024, with a median price of RM 500K and a median price per square foot (PSF) of RM 737.
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 500K, with most transactions falling within a stable range of RM 281K to RM 719K, and a typical market range of RM 77K to RM 923K.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 737, with most transactions between RM 700 and RM 774. The usual range is RM 698.25 to RM 775.75, 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.