Pelangi Promenade

Kawasan 17, 41050 Klang, Selangor, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM377,500
PSF
RM299

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
1,200 sqft
Shop
RM500,000
Level G
1,206 sqft · RM415 PSF
1,400 sqft
Shop
RM255,000
Level 2
1,389 sqft · RM184 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM377,500

RM299 psf

Median transaction price

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Pelangi Promenade, Kawasan 17, 41050 Klang, Selangor, Malaysia

Maps

Pelangi Promenade in Klang, Selangor recorded 2 subsale transactions in 2021, with a median price of RM378K and a median price per square foot (PSF) of RM299.

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 RM378K, with most transactions falling within a stable range of RM255K to RM500K, and a typical market range of RM346K to RM409K.

Most transactions involved office lot, though some variety exists in the market.

Price per square foot shows a median of RM299, though individual units vary from RM184 to RM415 in the core range. The broader market spans RM257.95 to RM340.45, indicating diverse property characteristics. A wider spread (IQR: RM82.50) and deviation (MAD: RM116) 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.