JLN BALAKONG
Commercial Market
Median Price
RM 1,712,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
4 properties
Median Price
RM 1,712,500
-15.6% CAGR
Median PSF
RM 1,407.50
+2.3% CAGR
Detached Factory
1 properties
Median Price
RM 15,600,000
Median PSF
RM 340.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Shop | 4 |
RM 1,712,500
±288K MAD
|
-15.59% |
RM 1,407.50
±32 MAD
|
+2.26% | |
| Detached Factory | 1 |
RM 15,600,000
|
- |
RM 340.00
|
- |
JLN BALAKONG in Hulu Langat, Selangor recorded 0 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.