IOI RESORT (DENGKIL) in Sepang, Selangor recorded 10 subsale transactions in 2022, with a median price of RM 559K and a median price per square foot (PSF) of RM 339.
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 559K, with most transactions falling within a stable range of RM 208K to RM 910K, and a typical market range of RM 280K to RM 838K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 339, though individual units vary from RM 176 to RM 503 in the core range. The broader market spans RM 108.13 to RM 569.88, indicating diverse property characteristics. A wider spread (IQR: RM 461.75) and deviation (MAD: RM 164) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
