Paisley Serviced Residences

Paisley Serviced Residences in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 770K and a median price per square foot (PSF) of RM 795.

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 770K, with most transactions falling within a stable range of RM 690K to RM 1.02 million, and a typical market range of RM 690K to RM 1.01 million.

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

For price per square foot, the median is RM 795, with most transactions between RM 741 and RM 849. The usual range is RM 741.72 to RM 847.97, showing that most units are priced quite close to each other. With an IQR of RM 106.25 and MAD of RM 54, 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.