SPHERE DAMANSARA-PRIMA DAMANSARA in Petaling, Selangor recorded 4 subsale transactions in 2023, with a median price of RM 285K and a median price per square foot (PSF) of RM 432.
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 285K, with most transactions falling within a stable range of RM 169K to RM 401K, and a typical market range of RM 169K to RM 402K.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 432, with most transactions between RM 409 and RM 454. The usual range is RM 410.63 to RM 452.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.75 and an average deviation (MAD) of RM 23 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.