BANDAR SETIA ALAM

BANDAR SETIA ALAM in Petaling, Selangor recorded 520 subsale transactions in 2023, with a median price of RM 928K and a median price per square foot (PSF) of RM 539.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 928K, with most transactions falling within a stable range of RM 450K to RM 1.66 million, and a typical market range of RM 586K to RM 1.27 million.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 539, with core pricing between RM 442 and RM 636. Market pricing typically extends from RM 478.50 to RM 599.50, reflecting moderate variation in unit pricing. The spread of RM 121.00 (IQR) and deviation of RM 97 (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. High transaction volume ensures good market liquidity and easier price discovery.