UNION SUITES

Area Intelligence

2023

Median Price

RM 667,000

PSF: RM 1,271

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 1,106

Commercial PSF Trends

Median Price

RM 667,000

RM 1,271 PSF

UNION SUITES in Petaling, Selangor recorded 19 subsale transactions in 2023, with a median price of RM 667K and a median price per square foot (PSF) of RM 1,271.

This area contains both residential and commercial properties. View 1 residential properties or 34 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 667K, with most transactions falling within a stable range of RM 657K to RM 500K, and a typical market range of RM 573K to RM 500K.

Most transactions involved soho/sofo/sovo, with minimal variety in property types.

For price per square foot, the median is RM 1,271, with most transactions between RM 1,249 and RM 1,293. The usual range is RM 1,070.00 to RM 1,472.00, showing that most units are priced quite close to each other. With an IQR of RM 402.00 and MAD of RM 22, 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.

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UNION SUITES, Petaling, Selangor

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