Area Intelligence

KELANA STREET MALL

7 properties
Office Lot
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Median Price
RM 888,000
PSF: RM 554

Commercial Market

Median Price

RM 888,000

IQR: RM 454
MAD: RM 225
RM 554 PSF 3.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KELANA STREET MALL in Petaling, Selangor recorded 7 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 888K and a median price per square foot (PSF) of RM 554.

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 888K, with most transactions falling within a stable range of RM 634K to RM 1.14 million, and a typical market range of RM 547K to RM 1.23 million.

Within the Office Lot category, office lot dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 554, though individual units vary from RM 409 to RM 699 in the core range. The broader market spans RM 326.88 to RM 781.13, indicating diverse property characteristics. A wider spread (IQR: RM 454.25) and deviation (MAD: RM 145) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KELANA STREET MALL, Petaling, Selangor

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Transactions

7 properties grouped by size

1,600 sqft
3 units Office Lot
RM 994,000
1,604 sqft · RM 620.00 PSF
Jun 2024
RM 888,000
1,604 sqft · RM 554.00 PSF
Jun 2024
RM 506,000
1,582 sqft · RM 320.00 PSF
Feb 2023
1,650 sqft
2 units Office Lot
RM 1,000,000
1,647 sqft · RM 607.00 PSF
Aug 2022
RM 550,000
1,647 sqft · RM 334.00 PSF
Aug 2022
1,750 sqft
2 units Office Lot
RM 1,280,000
1,755 sqft · RM 730.00 PSF
Aug 2022
RM 740,000
1,755 sqft · RM 422.00 PSF
Aug 2022