Area Intelligence

TROPICANA AVNUE - PJU3

11 properties
2022
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Median Price
RM 850,000
PSF: RM 868

Residential Market

Median Price

RM 850,000

IQR: RM 57
MAD: RM 27
RM 868 PSF 2.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 900,000

IQR: RM 740
MAD: RM 347
RM 1,090 PSF 1.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TROPICANA AVNUE - PJU3 in Petaling, Selangor recorded 11 subsale transactions in 2022, with a median price of RM 850K and a median price per square foot (PSF) of RM 868.

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 850K, with most transactions falling within a stable range of RM 500K to RM 1.39 million, and a typical market range of RM 684K to RM 1.02 million.

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

Price per square foot shows a median of RM 868, though individual units vary from RM 598 to RM 1,138 in the core range. The broader market spans RM 819.25 to RM 916.75, indicating diverse property characteristics. A wider spread (IQR: RM 97.50) and deviation (MAD: RM 270) 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

11 properties grouped by size

650 sqft
3 units Service Apartment
RM 600,000
657 sqft · RM 914.00 PSF
Sep 2022
RM 610,000
657 sqft · RM 929.00 PSF
Apr 2022
RM 540,000
657 sqft · RM 822.00 PSF
Apr 2022
700 sqft
2 units Office Lot
RM 500,000
689 sqft · RM 726.00 PSF
Nov 2022
RM 500,000
708 sqft · RM 706.00 PSF
Nov 2022
850 sqft
1 units Office Lot
RM 1,300,000
829 sqft · RM 1,568.00 PSF
Jan 2022
1,000 sqft
2 units Service Apartment
RM 850,000
1,023 sqft · RM 831.00 PSF
Aug 2022
RM 890,000
1,023 sqft · RM 870.00 PSF
Mar 2022
1,600 sqft
1 units Shop/Retail Lot
RM 2,300,000
1,582 sqft · RM 1,454.00 PSF
Sep 2022
1,650 sqft
2 units Service Apartment
RM 1,380,000
1,625 sqft · RM 849.00 PSF
May 2022
RM 1,410,000
1,625 sqft · RM 868.00 PSF
Apr 2022