PEKAN KAPAR

PEKAN KAPAR in Klang, Selangor recorded 7 subsale transactions in 2023, with a median price of RM 650K and a median price per square foot (PSF) of RM 422.

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 650K, with most transactions falling within a stable range of RM 472K to RM 828K, and a typical market range of RM 485K to RM 815K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 422, with core pricing between RM 340 and RM 504. Market pricing typically extends from RM 334.75 to RM 509.25, reflecting moderate variation in unit pricing. The spread of RM 174.50 (IQR) and deviation of RM 82 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.