Area Intelligence

SIME UEP IND. PARK

18 properties
Double Storey Shop
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Median Price
RM 1,215,000
PSF: RM 758

Commercial Market

Median Price

RM 1,215,000

IQR: RM 274
MAD: RM 159
RM 758 PSF 3.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SIME UEP IND. PARK in Petaling, Selangor recorded 18 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 1.22 million and a median price per square foot (PSF) of RM 758.

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 1.22 million, with most transactions falling within a stable range of RM 750K to RM 1.91 million, and a typical market range of RM 1.05 million to RM 1.38 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 758, though individual units vary from RM 587 to RM 929 in the core range. The broader market spans RM 620.50 to RM 894.50, indicating diverse property characteristics. The spread of RM 274.00 (IQR) and deviation of RM 171 (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.

Area Location

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SIME UEP IND. PARK, Petaling, Selangor

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Transactions

18 properties grouped by size

1,550 sqft
6 units Double Storey Shop
RM 1,270,000
TIARA SQUARE
1,539 sqft · RM 825.00 PSF
Nov 2024
RM 1,330,000
TIARA SQUARE
1,539 sqft · RM 864.00 PSF
Jun 2024
RM 1,320,000
JLN TIARA 1
1,539 sqft · RM 858.00 PSF
Apr 2023
RM 1,148,000
JLN TIARA 1
1,539 sqft · RM 746.00 PSF
Feb 2023
RM 1,240,000
JLN TIARA
1,539 sqft · RM 806.00 PSF
Jun 2022
RM 1,230,000
JLN TIARA 1
1,539 sqft · RM 799.00 PSF
May 2022
1,650 sqft
5 units Double Storey Shop
RM 950,000
JALAN TP 7/1
1,647 sqft · RM 577.00 PSF
Feb 2024
RM 800,000
JLN TP 7/1
1,650 sqft · RM 485.00 PSF
Nov 2023
RM 920,000
JALAN TP 7/2
1,650 sqft · RM 558.00 PSF
May 2023
RM 920,000
JLN TP 7/2
1,650 sqft · RM 558.00 PSF
May 2023
RM 750,000
JLN TP 7/2
1,647 sqft · RM 455.00 PSF
Jul 2022
1,750 sqft
2 units Double Storey Shop
RM 1,030,000
JLN TIARA
1,755 sqft · RM 587.00 PSF
Jan 2024
RM 1,200,000
JALAN PINGGIRAN USJ 1/9
1,765 sqft · RM 680.00 PSF
Jul 2022
2,550 sqft
1 units Double Storey Shop
RM 1,200,000
JLN TP 7/2
2,540 sqft · RM 472.00 PSF
Nov 2022
2,800 sqft
1 units Double Storey Shop
RM 2,600,000
JLN TP 7/2
2,820 sqft · RM 922.00 PSF
Sep 2024
2,900 sqft
2 units Double Storey Shop
RM 2,900,000
JALAN TP 7/5
2,900 sqft · RM 1,000.00 PSF
Jan 2024
RM 2,800,000
JALAN TP 7/5
2,900 sqft · RM 966.00 PSF
Jun 2022
3,250 sqft
1 units Double Storey Shop
RM 2,500,000
JALAN PINGGIRAN USJ 1/9
3,251 sqft · RM 769.00 PSF
Sep 2024