THE MAIN PLACE RESIDENCE (NEW GATE) in Petaling, Selangor recorded 6 subsale transactions in 2025, with a median price of RM 325K and a median price per square foot (PSF) of RM 506.
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 325K, with most transactions falling within a stable range of RM 263K to RM 387K, and a typical market range of RM 251K to RM 399K.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 506, with most transactions between RM 466 and RM 546. The usual range is RM 463.00 to RM 548.00, 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.
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.