Area Intelligence

GLENMARIE IND. PARK

10 properties
Detached Factory
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Median Price
RM 18,950,000
PSF: RM 377

Commercial Market

Median Price

RM 18,950,000

IQR: RM 237
MAD: RM 145
RM 377 PSF 1.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

GLENMARIE IND. PARK in Petaling, Selangor recorded 10 Detached Factory properties subsale transactions between 2021 and 2025 for detached factory properties, with a median price of RM 18.95 million and a median price per square foot (PSF) of RM 377.

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 18.95 million, with most transactions falling within a stable range of RM 10.20 million to RM 27.70 million, and a typical market range of RM 11.33 million to RM 26.58 million.

Within the Detached Factory category, detached factory/warehouse dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 377, though individual units vary from RM 252 to RM 501 in the core range. The broader market spans RM 135.25 to RM 617.75, indicating diverse property characteristics. A wider spread (IQR: RM 482.50) and deviation (MAD: RM 125) 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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GLENMARIE IND. PARK, Petaling, Selangor

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Transactions

10 properties grouped by size

32,700 sqft
1 units Detached Factory
RM 10,310,000
JLN PENSYARAH U1/28
32,679 sqft · RM 315.00 PSF
Dec 2022
33,850 sqft
1 units Detached Factory
RM 18,000,000
JLN PEMAJU U1/115
33,874 sqft · RM 531.00 PSF
Mar 2024
44,950 sqft
1 units Detached Factory
RM 18,500,000
JLN JURUNILAI U1/20
44,939 sqft · RM 412.00 PSF
Dec 2023
45,850 sqft
1 units Detached Factory
RM 18,500,000
JLN PEGUAM U1/25
45,854 sqft · RM 403.00 PSF
Dec 2023
51,600 sqft
1 units Detached Factory
RM 19,400,000
JLN PEMAJU U1/15
51,602 sqft · RM 376.00 PSF
Jul 2023
53,550 sqft
1 units Detached Factory
RM 20,200,000
JLN PEMAJU U1/15
53,572 sqft · RM 377.00 PSF
Jul 2022
69,700 sqft
1 units Detached Factory
RM 24,250,000
JLN PEMAJU U1/15
69,718 sqft · RM 348.00 PSF
Jun 2022
71,650 sqft
1 units Detached Factory
RM 19,650,000
JLN PEMAJU U1/15
71,655 sqft · RM 274.00 PSF
Jul 2022
90,000 sqft
1 units Detached Factory
RM 39,690,000
JLN JURUNILAI U1/20
90,008 sqft · RM 441.00 PSF
May 2023
113,200 sqft
1 units Detached Factory
RM 3,800,000
JLN PENSYARAH U1/28
113,193 sqft · RM 34.00 PSF
Jan 2023