PETALING GARDEN

PETALING GARDEN in Kuala Lumpur, Kuala Lumpur recorded 9 subsale transactions in 2023, with a median price of RM 780K and a median price per square foot (PSF) of RM 454.

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 780K, with most transactions falling within a stable range of RM 665K to RM 1.09 million, and a typical market range of RM 665K to RM 1.05 million.

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

The median PSF stands at RM 454, with core pricing between RM 365 and RM 543. Market pricing typically extends from RM 402.75 to RM 505.25, reflecting moderate variation in unit pricing. The spread of RM 102.50 (IQR) and deviation of RM 89 (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.