Selangor
Petaling
Sungai Buluh
NEO DAMANSARA

NEO DAMANSARA

Area Intelligence

2023

Median Price

RM 492,500

PSF: RM 369

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NEO DAMANSARA in Petaling, Selangor recorded 4 subsale transactions in 2023, with a median price of RM 493K and a median price per square foot (PSF) of RM 369.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 493K, with most transactions falling within a stable range of RM 425K to RM 435K, and a typical market range of RM 391K to RM 435K.

Most transactions involved office lot, with minimal variety in property types.

The median PSF stands at RM 369, with core pricing between RM 312 and RM 426. Market pricing typically extends from RM 345.75 to RM 391.25, reflecting moderate variation in unit pricing. The spread of RM 45.50 (IQR) and deviation of RM 57 (MAD) suggest moderate price variations reflecting different property features.

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.

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NEO DAMANSARA, Petaling, Selangor

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