PUSAT PERD. SRI KEMBANGAN in Petaling, Selangor recorded 10 subsale transactions in 2022, with a median price of RM 758K and a median price per square foot (PSF) of RM 566.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 758K, with most transactions falling within a stable range of RM 683K to RM 795K, and a typical market range of RM 600K to RM 795K.
Most transactions involved shop unit/retail lot, with high diversity across multiple property types.
Price per square foot shows a median of RM 566, though individual units vary from RM 451 to RM 681 in the core range. The broader market spans RM 338.50 to RM 793.50, indicating diverse property characteristics. The spread of RM 455.00 (IQR) and deviation of RM 115 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
