Area Intelligence

HICOM GLENMARIE IND. PARK

4 properties
3-Storey Storey Shop
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Median Price
RM 2,700,000
PSF: RM 1,194

Commercial Market

Median Price

RM 2,700,000

IQR: RM 275
MAD: RM 126
RM 1,194 PSF 7.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

HICOM GLENMARIE IND. PARK in Petaling, Selangor recorded 4 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 2.70 million and a median price per square foot (PSF) of RM 1,194.

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 2.70 million, with most transactions falling within a stable range of RM 2.41 million to RM 2.99 million, and a typical market range of RM 2.22 million to RM 3.00 million.

Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 1,194, with most transactions between RM 1,095 and RM 1,292. The usual range is RM 1,056.00 to RM 1,331.00, showing that most units are priced quite close to each other. With an IQR of RM 275.00 and MAD of RM 99, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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HICOM GLENMARIE IND. PARK, Petaling, Selangor

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Transactions

4 properties grouped by size

1,850 sqft
1 units 3-Storey Storey Shop
RM 2,220,000
JLN PEKEDAI U1/36
1,873 sqft · RM 1,185.00 PSF
Feb 2024
2,150 sqft
1 units 3-Storey Storey Shop
RM 2,600,000
JLN PRESIDEN F U1/F
2,164 sqft · RM 1,202.00 PSF
Mar 2022
2,500 sqft
1 units 3-Storey Storey Shop
RM 3,000,000
JLN JURUWANG A U1/A
2,486 sqft · RM 1,207.00 PSF
Nov 2021
2,900 sqft
1 units 3-Storey Storey Shop
RM 2,800,000
JLN B U1/B
2,885 sqft · RM 971.00 PSF
Feb 2024