TAMAN PETALING UTAMA

2 properties

2021

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Median Price

RM 1,394,500

PSF: RM 923

Commercial Market

Median Price

RM 1,394,500

IQR: RM 403

MAD: RM 222

RM 923 PSF 3.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Office Lot

12 properties

Median Price

RM 492,250

-22.0% CAGR

Median PSF

RM 311.25

-20.8% CAGR

Shop/Retail Lot

8 properties

Median Price

RM 839,000

-13.6% CAGR

Median PSF

RM 668.00

-14.7% CAGR

4-Storey Storey Shop

6 properties

Median Price

RM 1,715,000

-6.4% CAGR

Median PSF

RM 1,020.50

-6.4% CAGR

3-Storey Storey Shop

2 properties

Median Price

RM 1,270,500

-1.5% CAGR

Median PSF

RM 825.00

-1.4% CAGR

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Office Lot	12	RM 492,250 ±18K MAD	-21.99%	RM 311.25 ±9 MAD	-20.85%
Shop/Retail Lot	8	RM 839,000 ±61K MAD	-13.56%	RM 668.00 ±53 MAD	-14.70%
4-Storey Storey Shop	6	RM 1,715,000 ±174K MAD	-6.40%	RM 1,020.50 ±104 MAD	-6.39%
3-Storey Storey Shop	2	RM 1,270,500 ±10K MAD	-1.48%	RM 825.00 ±6 MAD	-1.44%

TAMAN PETALING UTAMA in Petaling, Selangor recorded 2 subsale transactions in 2021, with a median price of RM 1.39 million and a median price per square foot (PSF) of RM 923.

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 1.39 million, with most transactions falling within a stable range of RM 900K to RM 1.89 million, and a typical market range of RM 1.16 million to RM 1.62 million.

Most transactions involved office lot, with high diversity across multiple property types.

Price per square foot shows a median of RM 923, though individual units vary from RM 721 to RM 1,124 in the core range. The broader market spans RM 720.88 to RM 1,124.13, indicating diverse property characteristics. The spread of RM 403.25 (IQR) and deviation of RM 202 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.