VERDE RESIDENCE

VERDE RESIDENCE in Petaling, Selangor recorded 9 subsale transactions in 2023, with a median price of RM 870K and a median price per square foot (PSF) of RM 617.

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 870K, with most transactions falling within a stable range of RM 776K to RM 964K, and a typical market range of RM 822K to RM 918K.

Most transactions involved service apartment, with minimal variety in property types.

The median PSF stands at RM 617, with core pricing between RM 555 and RM 679. Market pricing typically extends from RM 594.25 to RM 639.75, reflecting moderate variation in unit pricing. With an IQR of RM 45.50 and MAD of RM 62, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.