Area Intelligence

MENARA SURIA(V12 SOVO)

3 properties
2023
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Median Price
RM 235,000
PSF: RM 455

Residential Market

Median Price

RM 230,000

RM 445 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 242,500

IQR: RM 35
MAD: RM 15
RM 470 PSF 14.7%

PSF Trends (2021-2025)

MENARA SURIA(V12 SOVO) in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 235K and a median price per square foot (PSF) of RM 455.

This area contains both residential and commercial properties. View 1 residential properties or 20 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 235K, with most transactions falling within a stable range of RM 230K to RM 243K, and a typical market range of RM 230K to RM 250K.

Most transactions involved office lot, with high diversity across multiple property types.

For price per square foot, the median is RM 455, with most transactions between RM 438 and RM 472. The usual range is RM 440.50 to RM 469.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.00 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.

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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MENARA SURIA(V12 SOVO), Petaling, Selangor

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Transactions

3 properties found

SOHO/SOFO/SOVO
RM 250,000
517 sqft Oct 2023
RM 484.00 PSF
Service Apartment
RM 230,000
517 sqft Aug 2023
RM 445.00 PSF
SOHO/SOFO/SOVO
RM 235,000
517 sqft May 2023
RM 455.00 PSF