MENARA SURIA(V12 SOVO) in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 235K and a median price per square foot (PSF) of RM 455.
This area contains both residential and commercial properties. View 1 residential properties or 21 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 235K, with most transactions falling within a stable range of RM 121K to RM 349K, and a typical market range of RM 112K to RM 358K.
Most transactions involved soho/sofo/sovo, with high diversity across multiple property types.
For price per square foot, the median is RM 455, with most transactions between RM 429 and RM 481. The usual range is RM 386.38 to RM 523.63, showing that most units are priced quite close to each other. With an IQR of RM 137.25 and MAD of RM 26, 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.
