Area Intelligence

TMN INDUSTRI BALAKONG JAYA

13 properties
2023
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Median Price
RM 3,600,000
PSF: RM 419

Commercial Market

Median Price

RM 3,600,000

IQR: RM 192
MAD: RM 87
RM 419 PSF 21.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN INDUSTRI BALAKONG JAYA in Hulu Langat, Selangor recorded 13 subsale transactions in 2023, with a median price of RM 3.60 million and a median price per square foot (PSF) of RM 419.

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 3.60 million, with most transactions falling within a stable range of RM 1.30 million to RM 6.97 million, and a typical market range of RM 1.74 million to RM 5.46 million.

Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.

Price per square foot shows a median of RM 419, though individual units vary from RM 279 to RM 559 in the core range. The broader market spans RM 328.25 to RM 509.75, indicating diverse property characteristics. A wider spread (IQR: RM 181.50) and deviation (MAD: RM 140) 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. 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

13 properties grouped by size

2,250 sqft
2 units Terraced Factory
RM 1,300,000
JLN BALAKONG JAYA 5
2,250 sqft · RM 578.00 PSF
Nov 2023
RM 1,630,000
JLN BALAKONG JAYA 5
2,250 sqft · RM 725.00 PSF
Mar 2023
2,700 sqft
1 units Terraced Factory
RM 1,550,000
JALAN BALAKONG JAYA 3
2,702 sqft · RM 574.00 PSF
Aug 2023
7,900 sqft
2 units Semi-D Factory
RM 3,470,000
JLN ONE INDUSTRIAL PARK 1
7,922 sqft · RM 438.00 PSF
Sep 2023
RM 3,050,000
JLN ONE INDUSTRIAL PARK 1
7,922 sqft · RM 385.00 PSF
Jul 2023
7,950 sqft
1 units Semi-D Factory
RM 3,500,000
JLN ONE INDUSTRIAL PARK 2
7,965 sqft · RM 439.00 PSF
May 2023
10,800 sqft
1 units Semi-D Factory
RM 3,600,000
JLN PERINDUSTRIAN BALAKONG JAYA 2
10,818 sqft · RM 333.00 PSF
Feb 2023
12,800 sqft
1 units Semi-D Factory
RM 4,250,000
JLN PERINDUSTRIAN BJBT 2
12,808 sqft · RM 332.00 PSF
Sep 2023
15,050 sqft
3 units Semi-D Factory
RM 6,300,000
JLN NOUVELLE
15,043 sqft · RM 419.00 PSF
Nov 2023
RM 6,300,000
JLN NOUVELLE
15,053 sqft · RM 419.00 PSF
Nov 2023
RM 5,800,000
JLN NOUVELLE
15,064 sqft · RM 385.00 PSF
Jun 2023
45,250 sqft
1 units Detached Factory
RM 10,500,000
JALAN NOUVELLE
45,249 sqft · RM 232.00 PSF
Oct 2023
74,800 sqft
1 units Detached Factory
RM 13,100,000
JLN PERINDUSTRIAN BALAKONG JAYA 2/1
74,820 sqft · RM 175.00 PSF
Jul 2023