TAMAN MAWAR

Area Intelligence

2022

Median Price

RM 470,000

PSF: RM 291

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Residential PSF Trends

Median Price

RM 455,000

PSF: RM 276

Commercial PSF Trends

Median Price

RM 470,000

RM 355 PSF

TAMAN MAWAR in Petaling, Selangor recorded 3 subsale transactions in 2022, with a median price of RM 470K and a median price per square foot (PSF) of RM 291.

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 470K, with most transactions falling within a stable range of RM 448K to RM 480K, and a typical market range of RM 430K to RM 480K.

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

The median PSF stands at RM 291, with core pricing between RM 252 and RM 330. Market pricing typically extends from RM 233.38 to RM 348.63, reflecting moderate variation in unit pricing. With an IQR of RM 115.25 and MAD of RM 39, 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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TAMAN MAWAR, Petaling, Selangor

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