SFERA RESIDENCY

SFERA RESIDENCY in Petaling, Selangor recorded 2 subsale transactions in 2023, with a median price of RM 446K and a median price per square foot (PSF) of RM 453.

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 446K, with most transactions falling within a stable range of RM 362K to RM 530K, and a typical market range of RM 404K to RM 488K.

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

The median PSF stands at RM 453, with core pricing between RM 368 and RM 538. Market pricing typically extends from RM 410.50 to RM 495.50, reflecting moderate variation in unit pricing. The spread of RM 85.00 (IQR) and deviation of RM 85 (MAD) suggest moderate price variations reflecting different property features.

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.