PELANGI PROMENADE

PELANGI PROMENADE in Klang, Selangor recorded 2 subsale transactions in 2021, with a median price of RM 378K and a median price per square foot (PSF) of RM 300.

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 378K, with most transactions falling within a stable range of RM 255K to RM 500K, and a typical market range of RM 347K to RM 408K.

Most transactions involved office lot, though some variety exists in the market.

Price per square foot shows a median of RM 300, though individual units vary from RM 184 to RM 415 in the core range. The broader market spans RM 265.75 to RM 333.25, indicating diverse property characteristics. A wider spread (IQR: RM 67.50) and deviation (MAD: RM 116) indicate significant PSF variations, likely due to diverse property types or conditions.

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.