Area Intelligence

MEDA INDUSTRIAL PARK

14 properties
2023
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Median Price
RM 1,915,000
PSF: RM 899

Commercial Market

Median Price

RM 1,915,000

IQR: RM 119
MAD: RM 63
RM 899 PSF 13.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MEDA INDUSTRIAL PARK in Gombak, Selangor recorded 14 subsale transactions in 2023, with a median price of RM 1.92 million and a median price per square foot (PSF) of RM 899.

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 1.92 million, with most transactions falling within a stable range of RM 1.55 million to RM 3.17 million, and a typical market range of RM 1.73 million to RM 2.10 million.

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

The median PSF stands at RM 899, with core pricing between RM 750 and RM 1,048. Market pricing typically extends from RM 833.38 to RM 964.63, reflecting moderate variation in unit pricing. The spread of RM 131.25 (IQR) and deviation of RM 149 (MAD) suggest moderate price variations reflecting different property features.

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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MEDA INDUSTRIAL PARK, Gombak, Selangor

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Transactions

14 properties grouped by size

1,650 sqft
3 units 4-Storey Storey Shop
RM 2,000,000
JALAN KIP 2
1,647 sqft · RM 1,214.00 PSF
Sep 2023
RM 2,000,000
JALAN KIP 2
1,647 sqft · RM 1,214.00 PSF
Sep 2023
RM 1,550,000
JALAN KIP 2
1,647 sqft · RM 941.00 PSF
Jun 2023
2,000 sqft
7 units Terraced Factory
RM 1,750,000
JALAN KIP 5
2,002 sqft · RM 874.00 PSF
Nov 2023
RM 2,088,000
JALAN KIP 7
2,002 sqft · RM 1,043.00 PSF
Oct 2023
RM 1,800,000
JALAN KIP 9
2,002 sqft · RM 899.00 PSF
Oct 2023
RM 1,830,000
JALAN KIP 6
2,002 sqft · RM 914.00 PSF
Jul 2023
RM 1,800,000
JALAN KIP 4
2,002 sqft · RM 899.00 PSF
Jun 2023
RM 1,800,000
JALAN KIP 5
2,002 sqft · RM 899.00 PSF
May 2023
RM 1,770,000
JALAN KIP 7
2,002 sqft · RM 884.00 PSF
May 2023
3,150 sqft
1 units Terraced Factory
RM 3,300,000
JALAN KIP 5
3,154 sqft · RM 1,046.00 PSF
Oct 2023
3,700 sqft
1 units Terraced Factory
RM 2,800,000
JALAN KIP 8
3,692 sqft · RM 758.00 PSF
Mar 2023
4,300 sqft
1 units 4-Storey Storey Shop
RM 3,380,000
JALAN KIP 1
4,316 sqft · RM 783.00 PSF
Sep 2023
9,600 sqft
1 units Semi-D Factory
RM 6,500,000
JALAN KIP 2
9,580 sqft · RM 679.00 PSF
Aug 2023