Area Intelligence

KG BARU SRI KEMBANGAN

9 properties
2023
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Median Price
RM 500,000
PSF: RM 121

Residential Market

Median Price

RM 450,000

IQR: RM 30
MAD: RM 17
RM 118 PSF 1.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,075,000

IQR: RM 296
MAD: RM 159
RM 392 PSF 4.2%

PSF Trends (2021-2025)

KG BARU SRI KEMBANGAN in Petaling, Selangor recorded 9 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 121.

This area contains both residential and commercial properties. View 27 residential properties or 6 commercial properties separately for more focused analysis.

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 380K to RM 802K, and a typical market range of RM 380K to RM 650K.

Most transactions involved detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 121, though individual units vary from RM 0 to RM 250 in the core range. The broader market spans RM 91.50 to RM 150.50, indicating diverse property characteristics. A wider spread (IQR: RM 59.00) and deviation (MAD: RM 129) indicate significant PSF variations, likely due to diverse property types or conditions.

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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KG BARU SRI KEMBANGAN, Petaling, Selangor

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Transactions

9 properties grouped by size

1,450 sqft
1 units Double Storey Shop
RM 750,000
JLN SK 7/12
1,463 sqft · RM 513.00 PSF
Jan 2023
3,800 sqft
1 units Detached
RM 450,000
JLN SK 7/12
3,815 sqft · RM 118.00 PSF
Feb 2023
3,950 sqft
2 units Detached
RM 700,000
JALAN KUYUH
3,961 sqft · RM 177.00 PSF
Mar 2023
RM 450,000
JLN SK 11/3
3,961 sqft · RM 114.00 PSF
Feb 2023
4,100 sqft
1 units Detached
RM 500,000
JLN SK 2/3
4,123 sqft · RM 121.00 PSF
Sep 2023
4,200 sqft
1 units Detached
RM 400,000
JLN SK 7/1
4,198 sqft · RM 95.00 PSF
Apr 2023
4,350 sqft
1 units Detached
RM 380,000
JLN SK 1/2
4,356 sqft · RM 87.00 PSF
May 2023
5,150 sqft
1 units Single Storey Shop
RM 1,400,000
JLN BESAR
5,173 sqft · RM 271.00 PSF
Jan 2023
5,700 sqft
1 units Detached
RM 750,000
JLN SEKOLAH
5,723 sqft · RM 131.00 PSF
Aug 2023