ARA PERMATA BUSINESS CENTRE

ARA PERMATA BUSINESS CENTRE in Petaling, Selangor recorded 10 subsale transactions in 2023, with a median price of RM 883K and a median price per square foot (PSF) of RM 592.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 883K, with most transactions falling within a stable range of RM 750K to RM 1.12 million, and a typical market range of RM 750K to RM 1.03 million.

Most transactions involved 1 - 1 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 592, with core pricing between RM 497 and RM 687. Market pricing typically extends from RM 480.63 to RM 703.38, reflecting moderate variation in unit pricing. The spread of RM 222.75 (IQR) and deviation of RM 95 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.