SERENIA CITY

SERENIA CITY in Sepang, Selangor recorded 203 subsale transactions in 2022, with a median price of RM 767K and a median price per square foot (PSF) of RM 521.

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 767K, with most transactions falling within a stable range of RM 580K to RM 1.04 million, and a typical market range of RM 666K to RM 868K.

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

The median PSF stands at RM 521, with core pricing between RM 440 and RM 602. Market pricing typically extends from RM 471.38 to RM 570.63, reflecting moderate variation in unit pricing. The spread of RM 99.25 (IQR) and deviation of RM 81 (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. High transaction volume ensures good market liquidity and easier price discovery.