SUNGAI PENAGA

SUNGAI PENAGA in Petaling, Selangor recorded 5 subsale transactions in 2022, with a median price of RM 900K and a median price per square foot (PSF) of RM 362.

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 900K, with most transactions falling within a stable range of RM 700K to RM 1.26 million, and a typical market range of RM 700K to RM 1.40 million.

Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.

For price per square foot, the median is RM 362, with most transactions between RM 332 and RM 392. The usual range is RM 332.50 to RM 391.50, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

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.