Pelangi Avenue, Klang Parade

No. 2112, KM2, Jln Meru, Kawasan 17, 41050 Klang, Selangor, Malaysia

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Pelangi Avenue, Klang Parade
© OpenStreetMap · CARTO

No. 2112, KM2, Jln Meru, Kawasan 17, 41050 Klang, Selangor, Malaysia

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Pelangi Avenue, Klang Parade in Klang, Selangor recorded 0 subsale transactions in 2021, with a median price of RM1.30 million and a median price per square foot (PSF) of RM698.

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 RM1.30 million, with most transactions falling within a stable range of RM650K to RM1.95 million, and a typical market range of RM875K to RM1.73 million.

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

The median PSF stands at RM698, with core pricing between RM559 and RM837. Market pricing typically extends from RM538.00 to RM858.00, reflecting moderate variation in unit pricing. The spread of RM320.00 (IQR) and deviation of RM139 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.