Area Intelligence

TROPICANA AVNUE - PJU3

7 properties
2023
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Median Price
RM 555,000
PSF: RM 845

Residential Market

Median Price

RM 555,000

IQR: RM 57
MAD: RM 27
RM 845 PSF 2.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,415,000

IQR: RM 740
MAD: RM 347
RM 1,074 PSF 1.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TROPICANA AVNUE - PJU3 in Petaling, Selangor recorded 7 subsale transactions in 2023, with a median price of RM 555K and a median price per square foot (PSF) of RM 845.

This area contains both residential and commercial properties. View 20 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 555K, with most transactions falling within a stable range of RM 500K to RM 1.18 million, and a typical market range of RM 500K to RM 721K.

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

Price per square foot shows a median of RM 845, though individual units vary from RM 622 to RM 1,068 in the core range. The broader market spans RM 796.25 to RM 893.75, indicating diverse property characteristics. A wider spread (IQR: RM 97.50) and deviation (MAD: RM 223) 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.

Area Location

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TROPICANA AVNUE - PJU3, Petaling, Selangor

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Transactions

7 properties grouped by size

650 sqft
5 units Service Apartment
RM 555,000
657 sqft · RM 845.00 PSF
Nov 2023
RM 578,000
657 sqft · RM 880.00 PSF
Aug 2023
RM 560,000
657 sqft · RM 853.00 PSF
Jul 2023
RM 535,000
657 sqft · RM 815.00 PSF
Mar 2023
RM 550,000
657 sqft · RM 838.00 PSF
Jan 2023
700 sqft
1 units Office Lot
RM 500,000
710 sqft · RM 704.00 PSF
Dec 2023
1,600 sqft
1 units Shop/Retail Lot
RM 2,330,000
1,615 sqft · RM 1,443.00 PSF
Sep 2023