SUNGAI PENAGA

Area Intelligence

2023

Median Price

RM 930,000

PSF: RM 415

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Commercial PSF Trends

Median Price

RM 930,000

RM 415 PSF

SUNGAI PENAGA in Petaling, Selangor recorded 1 subsale transactions in 2023, with a median price of RM 930K and a median price per square foot (PSF) of RM 415.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.

For price per square foot, the median is RM 415, with most transactions between RM 415 and RM 415. The usual range is RM 387.13 to RM 442.88, showing that most units are priced quite close to each other. With an IQR of RM 55.75 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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SUNGAI PENAGA, Petaling, Selangor

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