Area Intelligence

TMN INDUSTRI BALAKONG JAYA

3 properties
2024
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Median Price
RM 7,200,000
PSF: RM 375

Commercial Market

Median Price

RM 7,200,000

IQR: RM 52
MAD: RM 30
RM 375 PSF 0.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN INDUSTRI BALAKONG JAYA in Hulu Langat, Selangor recorded 3 subsale transactions in 2024, with a median price of RM 7.20 million and a median price per square foot (PSF) of RM 375.

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 7.20 million, with most transactions falling within a stable range of RM 4.70 million to RM 9.70 million, and a typical market range of RM 5.78 million to RM 8.63 million.

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

Price per square foot shows a median of RM 375, though individual units vary from RM 246 to RM 504 in the core range. The broader market spans RM 348.00 to RM 402.00, indicating diverse property characteristics. A wider spread (IQR: RM 54.00) and deviation (MAD: RM 129) indicate significant PSF variations, likely due to diverse property types or conditions.

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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TMN INDUSTRI BALAKONG JAYA, Hulu Langat, Selangor

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Transactions

3 properties grouped by size

10,600 sqft
1 units Semi-D Factory
RM 4,500,000
JLN BJ2/7A, WEALTH INDUSTRY PARK 16
10,576 sqft · RM 426.00 PSF
Mar 2024
19,200 sqft
1 units Semi-D Factory
RM 7,200,000
JLN 7/6
19,199 sqft · RM 375.00 PSF
Jun 2024
81,700 sqft
1 units Detached Factory
RM 10,618,000
JLN INDUSTRI BALAKONG JAYA
81,677 sqft · RM 130.00 PSF
Jul 2024