PELANGI AVENUE, KLANG PARADE

PELANGI AVENUE, KLANG PARADE in Klang, Selangor recorded 1 subsale transactions in 2022, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 609.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 609, with most transactions between RM 609 and RM 609. The usual range is RM 449.00 to RM 769.00, showing that most units are priced quite close to each other. With an IQR of RM 320.00 and MAD of RM 0, 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.