Taman Industri Balakong Jaya

43300 Cheras, Selangor, Malaysia

Property Transactions

5 subsales found

Median
RM4,550,000
PSF
RM429
Price Size
Period
transactions middle 50% (P25–P75)
RM4,350,000
Jalan Bj2/7
10,783 sqft RM403 PSF
RM17,500,000
Jalan Perindustrian Balakong Jaya 1/3
68,641 sqft RM255 PSF
RM4,228,000
Jalan Bj 2-7
8,920 sqft RM474 PSF
RM4,550,000
Wealth Industry Park 16
9,254 sqft RM492 PSF
RM4,950,000
Wealth Industry Park 16
11,541 sqft RM429 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM4,550,000

RM429 psf

Median transaction price

Low

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Taman Industri Balakong Jaya
© OpenStreetMap · CARTO

Taman Industri Balakong Jaya, 43300 Cheras, Selangor, Malaysia

Maps

Taman Industri Balakong Jaya in Hulu Langat, Selangor recorded 5 subsale transactions in 2023, with a median price of RM4.55 million and a median price per square foot (PSF) of RM429.

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 RM4.55 million, with most transactions falling within a stable range of RM4.23 million to RM9.75 million, and a typical market range of RM4.23 million to RM5.73 million.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

The median PSF stands at RM429, with core pricing between RM345 and RM513. Market pricing typically extends from RM387.65 to RM470.15, reflecting moderate variation in unit pricing. The spread of RM82.50 (IQR) and deviation of RM84 (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.