Area Intelligence

UOA BUSINESS PARK (KENCANA SQUARE)

9 properties
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Median Price
RM 1,105,000
PSF: RM 897

Commercial Market

Median Price

RM 1,105,000

IQR: RM 26
MAD: RM 23
RM 897 PSF 0.1%

PSF Trends (2021-2025)

UOA BUSINESS PARK (KENCANA SQUARE) in Petaling, Selangor recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 1.11 million and a median price per square foot (PSF) of RM 897.

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 1.11 million, with most transactions falling within a stable range of RM 1.00 million to RM 1.21 million, and a typical market range of RM 850K to RM 1.51 million.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 897, with most transactions between RM 874 and RM 920. The usual range is RM 884.00 to RM 910.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.00 and an average deviation (MAD) of RM 23 indicate a highly stable PSF trend across properties.

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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UOA BUSINESS PARK (KENCANA SQUARE), Petaling, Selangor

OSM

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Transactions

9 properties grouped by size

1,050 sqft
1 units Office Lot
RM 850,000
1,044 sqft · RM 814.00 PSF
Jun 2022
1,150 sqft
1 units Office Lot
RM 1,023,000
1,141 sqft · RM 897.00 PSF
Sep 2023
1,250 sqft
4 units Office Lot
RM 1,129,000
1,227 sqft · RM 920.00 PSF
May 2024
RM 1,105,000
1,227 sqft · RM 900.00 PSF
Jun 2023
RM 1,100,000
1,227 sqft · RM 896.00 PSF
Nov 2022
RM 1,000,000
1,227 sqft · RM 815.00 PSF
May 2022
2,100 sqft
2 units Office Lot
RM 1,825,000
2,089 sqft · RM 874.00 PSF
Apr 2024
RM 1,880,000
2,089 sqft · RM 900.00 PSF
May 2022
2,300 sqft
1 units Office Lot
RM 2,250,000
2,293 sqft · RM 981.00 PSF
Jun 2022