Area Intelligence

TMN INDUSTRI BALAKONG JAYA

5 properties
2023
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Median Price
RM 4,550,000
PSF: RM 429

Commercial Market

Median Price

RM 4,550,000

IQR: RM 52
MAD: RM 30
RM 429 PSF 0.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN INDUSTRI BALAKONG JAYA in Hulu Langat, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 4.55 million and a median price per square foot (PSF) of RM 429.

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 4.55 million, with most transactions falling within a stable range of RM 4.23 million to RM 9.75 million, and a typical market range of RM 4.23 million to RM 5.98 million.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

The median PSF stands at RM 429, with core pricing between RM 345 and RM 513. Market pricing typically extends from RM 402.00 to RM 456.00, reflecting moderate variation in unit pricing. The spread of RM 54.00 (IQR) and deviation of RM 84 (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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TMN INDUSTRI BALAKONG JAYA, Hulu Langat, Selangor

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Transactions

5 properties grouped by size

8,900 sqft
1 units Semi-D Factory
RM 4,228,000
JLN BJ 2-7
8,920 sqft · RM 474.00 PSF
Aug 2023
9,250 sqft
1 units Semi-D Factory
RM 4,550,000
WEALTH INDUSTRY PARK 16
9,254 sqft · RM 492.00 PSF
Jun 2023
10,800 sqft
1 units Semi-D Factory
RM 4,350,000
JLN BJ2/7
10,783 sqft · RM 403.00 PSF
Dec 2023
11,550 sqft
1 units Semi-D Factory
RM 4,950,000
WEALTH INDUSTRY PARK 16
11,541 sqft · RM 429.00 PSF
Feb 2023
68,650 sqft
1 units Detached Factory
RM 17,500,000
JLN PERINDUSTRIAN BALAKONG JAYA 1/3
68,641 sqft · RM 255.00 PSF
Oct 2023