TAMAN MEDAN

TAMAN MEDAN in Petaling, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 918K and a median price per square foot (PSF) of RM 656.

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 918K, with most transactions falling within a stable range of RM 605K to RM 1.23 million, and a typical market range of RM 865K to RM 970K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

The median PSF stands at RM 656, with core pricing between RM 567 and RM 745. Market pricing typically extends from RM 607.00 to RM 705.00, reflecting moderate variation in unit pricing. With an IQR of RM 98.00 and MAD of RM 89, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.