Area Intelligence

JLN BALAKONG

4 properties
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Median Price
RM 1,712,500
PSF: RM 1,408

Commercial Market

Median Price

RM 1,712,500

IQR: RM 206
MAD: RM 109
RM 1,408 PSF 2.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JLN BALAKONG in Hulu Langat, Selangor recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 1.71 million and a median price per square foot (PSF) of RM 1,408.

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 1.71 million, with most transactions falling within a stable range of RM 1.32 million to RM 2.11 million, and a typical market range of RM 1.31 million to RM 2.11 million.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 1,408, with most transactions between RM 1,299 and RM 1,516. The usual range is RM 1,304.38 to RM 1,510.63, showing that most units are priced quite close to each other. With an IQR of RM 206.25 and MAD of RM 109, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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JLN BALAKONG, Hulu Langat, Selangor

OSM

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Transactions

4 properties grouped by size

1,000 sqft
2 units Double Storey Shop
RM 1,425,000
JALAN J- AVENUE
990 sqft · RM 1,439.00 PSF
Jun 2023
RM 1,210,000
JALAN J- AVENUE
990 sqft · RM 1,222.00 PSF
Feb 2023
1,450 sqft
2 units Double Storey Shop
RM 2,700,000
JLN J- AVENUE
1,453 sqft · RM 1,858.00 PSF
Feb 2023
RM 2,000,000
JALAN J- AVENUE
1,453 sqft · RM 1,376.00 PSF
Dec 2021