TMN PETALING

TMN PETALING in Klang, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 468K and a median price per square foot (PSF) of RM 292.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 468K, with most transactions falling within a stable range of RM 335K to RM 600K, and a typical market range of RM 401K to RM 534K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 292, though individual units vary from RM 209 to RM 375 in the core range. The broader market spans RM 250.50 to RM 333.50, indicating diverse property characteristics. A wider spread (IQR: RM 83.00) and deviation (MAD: RM 83) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.