Pelangi Sentral in Petaling, Selangor recorded 2 subsale transactions in 2023, with a median price of RM360K and a median price per square foot (PSF) of RM470.

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 RM360K, with most transactions falling within a stable range of RM330K to RM390K, and a typical market range of RM330K to RM390K.

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

For price per square foot, the median is RM470, with most transactions between RM453 and RM487. The usual range is RM453.02 to RM486.52, showing that most units are priced quite close to each other. A typical spread (IQR) of RM33.50 and an average deviation (MAD) of RM17 indicate a highly stable PSF trend across properties.

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.