Area Intelligence

PELANGI AVENUE, KLANG PARADE

2 properties
2024
Favorite WhatsApp
Median Price
RM 1,900,000
PSF: RM 814

Commercial Market

Median Price

RM 1,900,000

IQR: RM 320
MAD: RM 139
RM 814 PSF 15.6%

PSF Trends (2021-2025)

PELANGI AVENUE, KLANG PARADE in Klang, Selangor recorded 2 subsale transactions in 2024, with a median price of RM 1.90 million and a median price per square foot (PSF) of RM 814.

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 1.90 million, with most transactions falling within a stable range of RM 1.30 million to RM 2.50 million, and a typical market range of RM 1.48 million to RM 2.33 million.

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

The median PSF stands at RM 814, with core pricing between RM 698 and RM 929. Market pricing typically extends from RM 653.50 to RM 973.50, reflecting moderate variation in unit pricing. With an IQR of RM 320.00 and MAD of RM 116, the PSF demonstrates reasonable consistency across the market.

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

Loading map...

PELANGI AVENUE, KLANG PARADE, Klang, Selangor

OSM

Filter by type, year, price, and size

1 filter active
Clear All Filters

Transactions

2 properties found

Shop/Retail Lot
RM 2,500,000
2,691 sqft Sep 2024
RM 929.00 PSF
Shop/Retail Lot
RM 1,300,000
1,862 sqft Feb 2024
RM 698.00 PSF