PEKAN SABAK

PEKAN SABAK in Sabak Bernam, Selangor recorded 6 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 269.

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 450K, with most transactions falling within a stable range of RM 330K to RM 570K, and a typical market range of RM 349K to RM 551K.

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

The median PSF stands at RM 269, with core pricing between RM 224 and RM 313. Market pricing typically extends from RM 233.50 to RM 303.50, reflecting moderate variation in unit pricing. The spread of RM 70.00 (IQR) and deviation of RM 44 (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.