TAMAN MEDAN

TAMAN MEDAN in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 469.

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 500K, with most transactions falling within a stable range of RM 339K to RM 540K, and a typical market range of RM 448K to RM 540K.

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

For price per square foot, the median is RM 469, with most transactions between RM 424 and RM 514. The usual range is RM 420.00 to RM 518.00, showing that most units are priced quite close to each other. With an IQR of RM 98.00 and MAD of RM 45, the PSF demonstrates reasonable consistency across the market.

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.