The Main Place Residence (New Gate)

The Main Place Residence (New Gate) in Petaling, Selangor recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 318K and a median price per square foot (PSF) of RM 489.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 318K, with most transactions falling within a stable range of RM 280K to RM 416K, and a typical market range of RM 280K to RM 392K.

Most transactions involved serviced apartment, with minimal variety in property types.

The median PSF stands at RM 489, with core pricing between RM 424 and RM 554. Market pricing typically extends from RM 445.50 to RM 532.50, reflecting moderate variation in unit pricing. With an IQR of RM 87.00 and MAD of RM 65, 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.