EMPIRE RESIDENCE

EMPIRE RESIDENCE in Petaling, Selangor recorded 13 subsale transactions in 2022, priced between RM 750K and RM 2.00 million, with a median price of RM 1.48 million and a median price per square foot (PSF) of RM 471.

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 1.48 million, with most transactions falling within a stable range of RM 1.27 million to RM 1.68 million, and a typical market range of RM 1.31 million to RM 1.64 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 471, though individual units vary from RM 376 to RM 565 in the core range. The broader market spans RM 433.00 to RM 508.00, indicating diverse property characteristics. The spread of RM 75.00 (IQR) and deviation of RM 94 (MAD) suggest moderate price variations reflecting different property features.

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.