10 BOULEVARD - KAYU ARA in Petaling, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 512.
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 700K, with most transactions falling within a stable range of RM 500K to RM 900K, and a typical market range of RM 504K to RM 896K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
Price per square foot shows a median of RM 512, though individual units vary from RM 375 to RM 649 in the core range. The broader market spans RM 368.75 to RM 655.25, indicating diverse property characteristics. A wider spread (IQR: RM 286.50) and deviation (MAD: RM 137) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
