TMN MEDAN

TMN MEDAN in Petaling, Selangor recorded 7 subsale transactions in 2023, with a median price of RM 780K and a median price per square foot (PSF) of RM 433.

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 780K, with most transactions falling within a stable range of RM 560K to RM 1.27 million, and a typical market range of RM 651K to RM 909K.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

Price per square foot shows a median of RM 433, though individual units vary from RM 328 to RM 538 in the core range. The broader market spans RM 387.50 to RM 478.50, indicating diverse property characteristics. The spread of RM 91.00 (IQR) and deviation of RM 105 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.