THE MAIN PLACE RESIDENCE (NEW GATE) Property Investment Analysis

THE MAIN PLACE RESIDENCE (NEW GATE) in Petaling, Selangor recorded 58 subsale transactions between 2021 and 2025, with a median price of RM 390K and a median price per square foot (PSF) of RM 541.

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 390K, with most transactions falling within a stable range of RM 327K to RM 454K, and a typical market range of RM 317K to RM 464K.

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

For price per square foot, the median is RM 541, with most transactions between RM 501 and RM 581. The usual range is RM 502.50 to RM 579.50, showing that most units are priced quite close to each other. With an IQR of RM 77.00 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. Moderate transaction volume may require patience when buying or selling.