GLENMARIE IND. PARK
Commercial Market
Median Price
RM 10,505,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Terraced Factory
11 properties
Median Price
RM 2,780,000
+16.5% CAGR
Median PSF
RM 620.00
-3.3% CAGR
Detached Factory
10 properties
Median Price
RM 18,500,000
-5.0% CAGR
Median PSF
RM 403.00
+26.6% CAGR
Semi-D Factory
8 properties
Median Price
RM 10,444,000
-4.8% CAGR
Median PSF
RM 943.50
-1.2% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Terraced Factory | 11 |
RM 2,780,000
±20K MAD
|
+16.45% |
RM 620.00
±40 MAD
|
-3.28% | |
| Detached Factory | 10 |
RM 18,500,000
±500K MAD
|
-4.95% |
RM 403.00
±72 MAD
|
+26.56% | |
| Semi-D Factory | 8 |
RM 10,444,000
±256K MAD
|
-4.79% |
RM 943.50
±6 MAD
|
-1.16% |
GLENMARIE IND. PARK in Petaling, Selangor recorded 8 subsale transactions in 2022, with a median price of RM 10.51 million and a median price per square foot (PSF) of RM 496.
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 10.51 million, with most transactions falling within a stable range of RM 2.06 million to RM 18.95 million, and a typical market range of RM 2.88 million to RM 18.13 million.
Most transactions involved detached factory/warehouse, with high diversity across multiple property types.
Price per square foot shows a median of RM 496, though individual units vary from RM 276 to RM 715 in the core range. The broader market spans RM 254.25 to RM 736.75, indicating diverse property characteristics. A wider spread (IQR: RM 482.50) and deviation (MAD: RM 220) 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.
Filter by type, year, price, and size
Transactions
8 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN PENTADBIR U1/30
|
RM 2,030,000
|
RM 614.00
|
3,305 sqft
|
Jul 2022
|
|
|
JLN PENDIDIK U1/31
|
RM 2,050,000
|
RM 620.00
|
3,305 sqft
|
May 2022
|
|
|
JLN PENDIDIK U1/31
|
RM 2,300,000
|
RM 696.00
|
3,305 sqft
|
Mar 2022
|
|
JLN PEMAJU U1/15 (NOVUS BUSINESS PARK)
|
RM 10,700,000
|
RM 949.00
|
11,270 sqft
|
Jan 2022
|
|
JLN PENSYARAH U1/28
|
RM 10,310,000
|
RM 315.00
|
32,679 sqft
|
Dec 2022
|
|
JLN PEMAJU U1/15
|
RM 20,200,000
|
RM 377.00
|
53,572 sqft
|
Jul 2022
|
|
JLN PEMAJU U1/15
|
RM 24,250,000
|
RM 348.00
|
69,718 sqft
|
Jun 2022
|
|
JLN PEMAJU U1/15
|
RM 19,650,000
|
RM 274.00
|
71,655 sqft
|
Jul 2022
|