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

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Transactions

9 properties found

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