TAMAN MAWAR

Area Intelligence

2023

Median Price

RM 565,000

PSF: RM 348

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Residential PSF Trends

Median Price

RM 565,000

PSF: RM 348

Commercial PSF Trends

Median Price

RM 270,500

RM 208 PSF

TAMAN MAWAR in Petaling, Selangor recorded 6 subsale transactions in 2023, with a median price of RM 565K and a median price per square foot (PSF) of RM 348.

This area contains both residential and commercial properties. View 14 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 565K, with most transactions falling within a stable range of RM 520K to RM 240K, and a typical market range of RM 360K to RM 240K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 348, with core pricing between RM 291 and RM 405. Market pricing typically extends from RM 289.88 to RM 405.13, reflecting moderate variation in unit pricing. The spread of RM 115.25 (IQR) and deviation of RM 57 (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.

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TAMAN MAWAR, Petaling, Selangor

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