KELANA SQUARE

KELANA SQUARE in Petaling, Selangor recorded 9 subsale transactions in 2022, with a median price of RM 377K and a median price per square foot (PSF) of RM 320.

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 377K, with most transactions falling within a stable range of RM 333K to RM 421K, and a typical market range of RM 345K to RM 409K.

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

For price per square foot, the median is RM 320, with most transactions between RM 292 and RM 348. The usual range is RM 307.25 to RM 332.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.50 and an average deviation (MAD) of RM 28 indicate a highly stable PSF trend across properties.

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.