TROPICANA GARDENS

Area Intelligence

2021

Median Price

RM 820,000

PSF: RM 1,055

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Residential PSF Trends

Median Price

RM 820,000

PSF: RM 1,055

TROPICANA GARDENS in Petaling, Selangor recorded 6 subsale transactions in 2021, with a median price of RM 820K and a median price per square foot (PSF) of RM 1,055.

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 820K, with most transactions falling within a stable range of RM 779K to RM 710K, and a typical market range of RM 610K to RM 710K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 1,055, with most transactions between RM 988 and RM 1,121. The usual range is RM 987.63 to RM 1,121.38, showing that most units are priced quite close to each other. With an IQR of RM 133.75 and MAD of RM 67, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TROPICANA GARDENS, Petaling, Selangor

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