KAMPUNG. BARU SUNGAI. BULOH in Petaling, Selangor recorded 8 subsale transactions in 2022, with a median price of RM 12.50 million and a median price per square foot (PSF) of RM 156.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 12.50 million, with most transactions falling within a stable range of RM 8.57 million to RM 16.43 million, and a typical market range of RM 8.61 million to RM 16.39 million.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
The median PSF stands at RM 156, with core pricing between RM 129 and RM 183. Market pricing typically extends from RM 129.88 to RM 181.13, reflecting moderate variation in unit pricing. The spread of RM 51.25 (IQR) and deviation of RM 27 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.