THE MAIN PLACE RESIDENCE (NEW GATE)

THE MAIN PLACE RESIDENCE (NEW GATE) in Petaling, Selangor recorded 6 subsale transactions in 2021, with a median price of RM 425K and a median price per square foot (PSF) of RM 501.

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 425K, with most transactions falling within a stable range of RM 363K to RM 487K, and a typical market range of RM 351K to RM 499K.

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

For price per square foot, the median is RM 501, with most transactions between RM 461 and RM 541. The usual range is RM 458.50 to RM 543.50, showing that most units are priced quite close to each other. With an IQR of RM 85.00 and MAD of RM 40, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.