ARA DAMANSARA

ARA DAMANSARA in Petaling, Selangor recorded 29 subsale transactions in 2023, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 704.

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 1.20 million, with most transactions falling within a stable range of RM 783K to RM 1.62 million, and a typical market range of RM 585K to RM 1.86 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 704, though individual units vary from RM 504 to RM 904 in the core range. The broader market spans RM 570.50 to RM 837.50, 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. Moderate transaction volume may require patience when buying or selling.