PUSAT PERDAGANGAN ARA, SEK 5

PUSAT PERDAGANGAN ARA, SEK 5 in Hulu Selangor, Selangor recorded 5 subsale transactions in 2022, with a median price of RM 980K and a median price per square foot (PSF) of RM 617.

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 980K, with most transactions falling within a stable range of RM 830K to RM 1.53 million, and a typical market range of RM 921K to RM 1.04 million.

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

For price per square foot, the median is RM 617, with most transactions between RM 573 and RM 661. The usual range is RM 577.38 to RM 656.63, showing that most units are priced quite close to each other. With an IQR of RM 79.25 and MAD of RM 44, the PSF demonstrates reasonable consistency across the market.

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.