PARK AVENUE CONDOMINIUM-DAMANSARA DAMAI in Petaling, Selangor recorded 7 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 385.
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 340K, with most transactions falling within a stable range of RM 320K to RM 360K, and a typical market range of RM 313K to RM 368K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 385, with most transactions between RM 352 and RM 418. The usual range is RM 352.75 to RM 417.25, showing that most units are priced quite close to each other. With an IQR of RM 64.50 and MAD of RM 33, 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.