MASALAM COM. CENTRE in Petaling, Selangor recorded 12 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 320.
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 230K, with most transactions falling within a stable range of RM 175K to RM 285K, and a typical market range of RM -57,500 to RM 518K.
Most transactions involved office lot, with moderate diversity in property types available.
The median PSF stands at RM 320, with core pricing between RM 260 and RM 380. Market pricing typically extends from RM 166.25 to RM 473.75, reflecting moderate variation in unit pricing. The spread of RM 307.50 (IQR) and deviation of RM 60 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
