PETALING JAYA SEKSYEN 3

PETALING JAYA SEKSYEN 3 in Petaling, Selangor recorded 7 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 633.

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 160K, with most transactions falling within a stable range of RM 60K to RM 975K, and a typical market range of RM 60K to RM 812K.

Most transactions involved shop unit/retail lot, with moderate diversity in property types available.

Price per square foot shows a median of RM 633, though individual units vary from RM 329 to RM 937 in the core range. The broader market spans RM 391.50 to RM 874.50, indicating diverse property characteristics. A wider spread (IQR: RM 483.00) and deviation (MAD: RM 304) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.