Area Intelligence

MAYANG PLAZA DAMANSARA

3 properties
2023
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Median Price
RM 498,000
PSF: RM 295

Commercial Market

Median Price

RM 498,000

IQR: RM 60
MAD: RM 40
RM 295 PSF 3.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MAYANG PLAZA DAMANSARA in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 498K and a median price per square foot (PSF) of RM 295.

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 498K, with most transactions falling within a stable range of RM 425K to RM 735K, and a typical market range of RM 477K to RM 519K.

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

Price per square foot shows a median of RM 295, though individual units vary from RM 117 to RM 473 in the core range. The broader market spans RM 264.88 to RM 325.13, indicating diverse property characteristics. A wider spread (IQR: RM 60.25) and deviation (MAD: RM 178) 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.

Area Location

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MAYANG PLAZA DAMANSARA, Petaling, Selangor

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Transactions

3 properties grouped by size

1,450 sqft
2 units
RM 960,000
Shop/Retail Lot
1,453 sqft · RM 661.00 PSF
Nov 2023
RM 425,000
Office Lot
1,442 sqft · RM 295.00 PSF
Jan 2023
1,800 sqft
1 units Office Lot
RM 498,000
1,819 sqft · RM 274.00 PSF
Mar 2023