THE MAIN PLACE RESIDENCE (NEW GATE) in Petaling, Selangor recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 622K and a median price per square foot (PSF) of RM 497.
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 622K, with most transactions falling within a stable range of RM 560K to RM 684K, and a typical market range of RM 548K to RM 696K.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 497, with most transactions between RM 457 and RM 537. The usual range is RM 454.50 to RM 539.50, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.