Area Intelligence

TIONG NAM INDUSTRIAL PARK 2, SHAH ALAM

5 properties
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Median Price
RM 5,750,000
PSF: RM 541

Commercial Market

Median Price

RM 5,750,000

IQR: RM 85
MAD: RM 56
RM 541 PSF 8.6%

PSF Trends (2021-2025)

TIONG NAM INDUSTRIAL PARK 2, SHAH ALAM in Petaling, Selangor recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 5.75 million and a median price per square foot (PSF) of RM 541.

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 5.75 million, with most transactions falling within a stable range of RM 5.50 million to RM 6.00 million, and a typical market range of RM 5.50 million to RM 6.20 million.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 541, with core pricing between RM 485 and RM 597. Market pricing typically extends from RM 498.50 to RM 583.50, reflecting moderate variation in unit pricing. With an IQR of RM 85.00 and MAD of RM 56, 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. 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.

Area Location

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TIONG NAM INDUSTRIAL PARK 2, SHAH ALAM, Petaling, Selangor

OSM

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Transactions

5 properties grouped by size

10,650 sqft
4 units Semi-D Factory
RM 6,400,000
JALAN 15/22
10,637 sqft · RM 602.00 PSF
Aug 2024
RM 5,750,000
JALAN 15/23
10,637 sqft · RM 541.00 PSF
Mar 2024
RM 6,500,000
JALAN 15/23
10,637 sqft · RM 611.00 PSF
Oct 2023
RM 5,500,000
JALAN 15/23
10,637 sqft · RM 517.00 PSF
Jul 2023
11,350 sqft
1 units Semi-D Factory
RM 5,500,000
JALAN 15/22
11,333 sqft · RM 485.00 PSF
Mar 2022