TROPICANA GARDENS in Petaling, Selangor recorded 24 subsale transactions in 2022, with a median price of RM 915K and a median price per square foot (PSF) of RM 1,072.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 915K, with most transactions falling within a stable range of RM 749K to RM 1.08 million, and a typical market range of RM 604K to RM 1.23 million.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 1,072, with most transactions between RM 1,014 and RM 1,129. The usual range is RM 1,004.63 to RM 1,138.38, showing that most units are priced quite close to each other. With an IQR of RM 133.75 and MAD of RM 58, 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
