SEK. 8 PETALING JAYA

SEK. 8 PETALING JAYA in Petaling, Selangor recorded 16 subsale transactions in 2023, with a median price of RM 580K and a median price per square foot (PSF) of RM 262.

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 580K, with most transactions falling within a stable range of RM 433K to RM 727K, and a typical market range of RM 448K to RM 712K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 262, with core pricing between RM 210 and RM 314. Market pricing typically extends from RM 207.75 to RM 316.25, reflecting moderate variation in unit pricing. The spread of RM 108.50 (IQR) and deviation of RM 52 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.