GLOMAC BUSINESS CENTRE

GLOMAC BUSINESS CENTRE in Petaling, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 284.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved office lot, with minimal variety in property types.

Price per square foot shows a median of RM 284, though individual units vary from RM 192 to RM 376 in the core range. The broader market spans RM 216.00 to RM 352.00, indicating diverse property characteristics. A wider spread (IQR: RM 136.00) and deviation (MAD: RM 92) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.