Area Intelligence

JLN BALAKONG

4 properties
Double Storey Shop
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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 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, 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 1.21 million to RM 2.29 million, and a typical market range of RM 1.31 million to RM 2.11 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

The median PSF stands at RM 1,408, with core pricing between RM 1,172 and RM 1,643. Market pricing typically extends from RM 1,304.38 to RM 1,510.63, reflecting moderate variation in unit pricing. The spread of RM 206.25 (IQR) and deviation of RM 235 (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. 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

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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