JALAN PETALING

JALAN PETALING in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2023, with a median price of RM 11.00 million and a median price per square foot (PSF) of RM 3,000.

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 11.00 million, with most transactions falling within a stable range of RM 10.00 million to RM 12.00 million, and a typical market range of RM 10.00 million to RM 12.00 million.

Most transactions involved 6 - 6 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 3,000, though individual units vary from RM 2,271 to RM 3,729 in the core range. The broader market spans RM 2,421.63 to RM 3,578.38, indicating diverse property characteristics. The spread of RM 1,156.75 (IQR) and deviation of RM 729 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.