GLENMARIE INDUSTRIAL PARK

GLENMARIE INDUSTRIAL PARK in Petaling, Selangor recorded 17 subsale transactions in 2023, with a median price of RM 2.00 million and a median price per square foot (PSF) of RM 600.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.00 million, with most transactions falling within a stable range of RM 835K to RM 3.21 million, and a typical market range of RM 1.29 million to RM 2.71 million.

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

Price per square foot shows a median of RM 600, though individual units vary from RM 467 to RM 733 in the core range. The broader market spans RM 511.88 to RM 688.13, indicating diverse property characteristics. The spread of RM 176.25 (IQR) and deviation of RM 133 (MAD) suggest moderate price variations reflecting different property features.

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.