Area Intelligence

PETALING JAYA SEK 1 & 1A

6 properties
2023
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Median Price
RM 1,700,000
PSF: RM 1,007

Commercial Market

Median Price

RM 1,700,000

IQR: RM 672
MAD: RM 350
RM 1,007 PSF 21.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PETALING JAYA SEK 1 & 1A in Petaling, Selangor recorded 6 subsale transactions in 2023, with a median price of RM 1.70 million and a median price per square foot (PSF) of RM 1,007.

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 1.70 million, with most transactions falling within a stable range of RM 1.26 million to RM 2.14 million, and a typical market range of RM 1.13 million to RM 2.28 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 1,007, though individual units vary from RM 701 to RM 1,313 in the core range. The broader market spans RM 671.00 to RM 1,343.00, indicating diverse property characteristics. A wider spread (IQR: RM 672.00) and deviation (MAD: RM 306) 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.

Area Location

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PETALING JAYA SEK 1 & 1A, Petaling, Selangor

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Transactions

6 properties grouped by size

1,650 sqft
3 units 3-Storey Storey Shop
RM 1,900,000
JLN 1/19
1,650 sqft · RM 1,152.00 PSF
Oct 2023
RM 1,600,000
JLN 1/12
1,650 sqft · RM 970.00 PSF
Jun 2023
RM 2,300,000
JLN 1/19
1,650 sqft · RM 1,394.00 PSF
Jun 2023
1,700 sqft
1 units 3-Storey Storey Shop
RM 1,800,000
JLN 1/19
1,725 sqft · RM 1,044.00 PSF
Jun 2023
1,850 sqft
1 units Double Storey Shop
RM 1,150,000
JLN 1/12
1,875 sqft · RM 613.00 PSF
Jan 2023
2,000 sqft
1 units Single Storey Shop
RM 1,005,000
JALAN 1/10
2,002 sqft · RM 502.00 PSF
Dec 2023