ARA DAMANSARA in Petaling, Selangor recorded 55 subsale transactions in 2023, with a median price of RM 1.46 million and a median price per square foot (PSF) of RM 673.
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 1.46 million, with most transactions falling within a stable range of RM 923K to RM 2.00 million, and a typical market range of RM 796K to RM 2.12 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 673, with core pricing between RM 542 and RM 804. Market pricing typically extends from RM 539.50 to RM 806.50, reflecting moderate variation in unit pricing. The spread of RM 267.00 (IQR) and deviation of RM 131 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.
