Area Intelligence

PELANGI AVENUE, KLANG PARADE

5 properties
Favorite WhatsApp
Median Price
RM 1,300,000
PSF: RM 698

Commercial Market

Median Price

RM 1,300,000

IQR: RM 320
MAD: RM 139
RM 698 PSF 15.6%

PSF Trends (2021-2025)

PELANGI AVENUE, KLANG PARADE in Klang, Selangor recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 698.

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 1.30 million, with most transactions falling within a stable range of RM 650K to RM 1.95 million, and a typical market range of RM 875K to RM 1.73 million.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 698, with core pricing between RM 559 and RM 837. Market pricing typically extends from RM 538.00 to RM 858.00, reflecting moderate variation in unit pricing. The spread of RM 320.00 (IQR) and deviation of RM 139 (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

Loading map...

PELANGI AVENUE, KLANG PARADE, Klang, Selangor

OSM

Filter by type, year, price, and size

Transactions

5 properties grouped by size

1,150 sqft
1 units Shop/Retail Lot
RM 650,000
1,163 sqft · RM 559.00 PSF
Jan 2025
1,850 sqft
1 units Shop/Retail Lot
RM 1,300,000
1,862 sqft · RM 698.00 PSF
Feb 2024
1,950 sqft
1 units Shop/Retail Lot
RM 1,200,000
1,970 sqft · RM 609.00 PSF
Jul 2022
2,150 sqft
1 units Shop/Retail Lot
RM 2,050,000
2,153 sqft · RM 952.00 PSF
Sep 2023
2,700 sqft
1 units Shop/Retail Lot
RM 2,500,000
2,691 sqft · RM 929.00 PSF
Sep 2024