TAMAN MAWAR

Area Intelligence

2024

Median Price

RM 720,000

PSF: RM 437

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Residential PSF Trends

Median Price

RM 722,500

PSF: RM 439

Commercial PSF Trends

Median Price

RM 71,000

RM 60 PSF

TAMAN MAWAR in Petaling, Selangor recorded 3 subsale transactions in 2024, with a median price of RM 720K and a median price per square foot (PSF) of RM 437.

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 720K, with most transactions falling within a stable range of RM 413K to RM 725K, and a typical market range of RM 515K to RM 725K.

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

Price per square foot shows a median of RM 437, though individual units vary from RM 259 to RM 615 in the core range. The broader market spans RM 379.38 to RM 494.63, indicating diverse property characteristics. A wider spread (IQR: RM 115.25) and deviation (MAD: RM 178) indicate significant PSF variations, likely due to diverse property types or conditions.

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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