PELANGI DAMANSARA 2-PJU 6 , P.JAYA in Petaling, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 373.
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 350K, with most transactions falling within a stable range of RM 247K to RM 453K, and a typical market range of RM 185K to RM 515K.
Most transactions involved condominium/apartment, though some variety exists in the market.
Price per square foot shows a median of RM 373, though individual units vary from RM 283 to RM 463 in the core range. The broader market spans RM 294.50 to RM 451.50, indicating diverse property characteristics. The spread of RM 157.00 (IQR) and deviation of RM 90 (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.
