KELANA JAYA URBAN CENTRE

KELANA JAYA URBAN CENTRE in Petaling, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 395K and a median price per square foot (PSF) of RM 220.

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 395K, with most transactions falling within a stable range of RM 380K to RM 410K, and a typical market range of RM 380K to RM 410K.

Most transactions involved office lot, with moderate diversity in property types available.

For price per square foot, the median is RM 220, with most transactions between RM 211 and RM 228. The usual range is RM 143.75 to RM 295.25, showing that most units are priced quite close to each other. With an IQR of RM 151.50 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.

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.