Area Intelligence

HICOM GLENMARIE IND. PARK

9 properties
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Median Price
RM 1,500,000
PSF: RM 971

Commercial Market

Median Price

RM 1,500,000

IQR: RM 275
MAD: RM 126
RM 971 PSF 7.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

HICOM GLENMARIE IND. PARK in Petaling, Selangor recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 971.

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 1.50 million, with most transactions falling within a stable range of RM 1.28 million to RM 1.72 million, and a typical market range of RM 1.28 million to RM 2.11 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 971, with core pricing between RM 845 and RM 1,097. Market pricing typically extends from RM 833.50 to RM 1,108.50, reflecting moderate variation in unit pricing. With an IQR of RM 275.00 and MAD of RM 126, the PSF demonstrates reasonable consistency across the market.

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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HICOM GLENMARIE IND. PARK, Petaling, Selangor

OSM

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Transactions

9 properties found

Double Storey Shop JLN JURUREKA U1/40
RM 1,500,000
1,539 sqft Jul 2024
RM 975.00 PSF
Double Storey Shop JLN JURUREKA U1/40
RM 1,280,000
1,539 sqft May 2024
RM 832.00 PSF
Double Storey Shop JLN JURUREKA U1/40
RM 1,300,000
1,539 sqft Apr 2024
RM 845.00 PSF
Double Storey Shop JLN JURUWANG A U1/A
RM 1,380,000
1,442 sqft Feb 2024
RM 957.00 PSF
3-Storey Storey Shop JLN B U1/B
RM 2,800,000
2,885 sqft Feb 2024
RM 971.00 PSF
3-Storey Storey Shop JLN PEKEDAI U1/36
RM 2,220,000
1,873 sqft Feb 2024
RM 1,185.00 PSF
3-Storey Storey Shop JLN PRESIDEN F U1/F
RM 2,600,000
2,164 sqft Mar 2022
RM 1,202.00 PSF
Double Storey Shop JLN JURUREKA U1/40
RM 1,400,000
1,539 sqft Jan 2022
RM 910.00 PSF
3-Storey Storey Shop JLN JURUWANG A U1/A
RM 3,000,000
2,486 sqft Nov 2021
RM 1,207.00 PSF