THE MAIN PLACE RESIDENCE (NEW GATE)

THE MAIN PLACE RESIDENCE (NEW GATE) in Petaling, Selangor recorded 55 subsale transactions between 2021 and 2025, with a median price of RM 360K and a median price per square foot (PSF) of RM 548.

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 360K, with most transactions falling within a stable range of RM 500K to RM 384K, and a typical market range of RM 500K to RM 434K.

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

For price per square foot, the median is RM 548, with most transactions between RM 543 and RM 553. The usual range is RM 505.50 to RM 590.50, showing that most units are priced quite close to each other. With an IQR of RM 85.00 and MAD of RM 5, 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.