Area Intelligence

SEK. 16 PETALING JAYA

5 properties
2023
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Median Price
RM 2,300,000
PSF: RM 599

Residential Market

Median Price

RM 2,300,000

IQR: RM 227
MAD: RM 116
RM 599 PSF 3.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SEK. 16 PETALING JAYA in Petaling, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 2.30 million and a median price per square foot (PSF) of RM 599.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.30 million, with most transactions falling within a stable range of RM 1.75 million to RM 2.80 million, and a typical market range of RM 1.20 million to RM 2.80 million.

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

Price per square foot shows a median of RM 599, though individual units vary from RM 463 to RM 735 in the core range. The broader market spans RM 485.50 to RM 712.50, indicating diverse property characteristics. The spread of RM 227.00 (IQR) and deviation of RM 136 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SEK. 16 PETALING JAYA, Petaling, Selangor

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Transactions

5 properties grouped by size

1,900 sqft
1 units Condo/Apartment
RM 1,188,000
1,894 sqft · RM 627.00 PSF
Aug 2023
3,050 sqft
1 units Condo/Apartment
RM 1,850,000
3,057 sqft · RM 605.00 PSF
Dec 2023
4,000 sqft
1 units Double Storey Semi-D
RM 2,400,000
JALAN 16/20A
4,004 sqft · RM 599.00 PSF
Mar 2023
6,900 sqft
1 units Detached
RM 2,800,000
JLN 16/9D
6,888 sqft · RM 407.00 PSF
May 2023
8,100 sqft
1 units Detached
RM 2,300,000
JLN 16/7
8,100 sqft · RM 284.00 PSF
Jul 2023