PUNCAK ARA DAMANSARA in Petaling, Selangor recorded 17 subsale transactions in 2022, with a median price of RM 335K and a median price per square foot (PSF) of RM 355.
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 335K, with most transactions falling within a stable range of RM 237K to RM 434K, and a typical market range of RM 223K to RM 448K.
Most transactions involved condominium/apartment, with moderate diversity in property types available.
The median PSF stands at RM 355, with core pricing between RM 285 and RM 426. Market pricing typically extends from RM 275.13 to RM 434.88, reflecting moderate variation in unit pricing. The spread of RM 159.75 (IQR) and deviation of RM 71 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
