PELANGI PROMENADE

PELANGI PROMENADE in Klang, Selangor recorded 9 subsale transactions in 2024, with a median price of RM 175K and a median price per square foot (PSF) of RM 232.

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 175K, with most transactions falling within a stable range of RM 100K to RM 324K, and a typical market range of RM 144K to RM 206K.

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

Price per square foot shows a median of RM 232, though individual units vary from RM 101 to RM 363 in the core range. The broader market spans RM 198.25 to RM 265.75, indicating diverse property characteristics. A wider spread (IQR: RM 67.50) and deviation (MAD: RM 131) indicate significant PSF variations, likely due to diverse property types or conditions.

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.