ARA DAMANSARA

ARA DAMANSARA in Petaling, Selangor recorded 4 subsale transactions in 2022, priced between RM 750K and RM 1.00 million, with a median price of RM 985K and a median price per square foot (PSF) of RM 710.

This area contains both residential and commercial properties. View 115 residential properties or 75 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 985K, with most transactions falling within a stable range of RM 964K to RM 1.00 million, and a typical market range of RM 945K to RM 1.00 million.

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

Price per square foot shows a median of RM 710, though individual units vary from RM 510 to RM 910 in the core range. The broader market spans RM 576.12 to RM 843.12, indicating diverse property characteristics. A wider spread (IQR: RM 267.00) and deviation (MAD: RM 200) indicate significant PSF variations, likely due to diverse property types or conditions.

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.