Area Intelligence

KELANA CENTRE POINT

5 properties
2023
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Median Price
RM 598,000
PSF: RM 403

Commercial Market

Median Price

RM 598,000

IQR: RM 103
MAD: RM 53
RM 403 PSF 24.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KELANA CENTRE POINT in Petaling, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 598K and a median price per square foot (PSF) of RM 403.

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 598K, with most transactions falling within a stable range of RM 503K to RM 693K, and a typical market range of RM 515K to RM 681K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

The median PSF stands at RM 403, with core pricing between RM 349 and RM 457. Market pricing typically extends from RM 351.50 to RM 454.50, reflecting moderate variation in unit pricing. With an IQR of RM 103.00 and MAD of RM 54, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KELANA CENTRE POINT, Petaling, Selangor

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Transactions

5 properties grouped by size

1,450 sqft
1 units Shop/Retail Lot
RM 625,000
1,475 sqft · RM 424.00 PSF
Sep 2023
1,500 sqft
1 units Shop/Retail Lot
RM 598,000
1,485 sqft · RM 403.00 PSF
Dec 2023
1,550 sqft
2 units Shop/Retail Lot
RM 500,000
1,528 sqft · RM 327.00 PSF
Nov 2023
RM 432,000
1,539 sqft · RM 281.00 PSF
Jun 2023
1,750 sqft
1 units Office Lot
RM 702,000
1,744 sqft · RM 403.00 PSF
Dec 2023