Area Intelligence

SIME UEP INDUSTRIAL PARK

15 properties
2023
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Median Price
RM 1,600,000
PSF: RM 533

Residential Market

Median Price

RM 630,000

IQR: RM 73
MAD: RM 31
RM 517 PSF 2.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,980,000

IQR: RM 197
MAD: RM 70
RM 559 PSF 3.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SIME UEP INDUSTRIAL PARK in Petaling, Selangor recorded 15 subsale transactions in 2023, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 533.

This area contains both residential and commercial properties. View 24 residential properties or 24 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.60 million, with most transactions falling within a stable range of RM 580K to RM 7.65 million, and a typical market range of RM 621K to RM 2.58 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 533, though individual units vary from RM 365 to RM 701 in the core range. The broader market spans RM 477.75 to RM 588.25, indicating diverse property characteristics. A wider spread (IQR: RM 110.50) and deviation (MAD: RM 168) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SIME UEP INDUSTRIAL PARK, Petaling, Selangor

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Transactions

15 properties grouped by size

1,200 sqft
3 units Double Storey Terraced
RM 620,000
JLN TP 1/4
1,200 sqft · RM 517.00 PSF
Dec 2023
RM 630,000
JLN TP 1/5
1,200 sqft · RM 525.00 PSF
Oct 2023
RM 650,000
JLN TP 1/2
1,200 sqft · RM 542.00 PSF
Jan 2023
1,400 sqft
2 units Double Storey Terraced
RM 580,000
JLN TP 7/D
1,399 sqft · RM 414.00 PSF
Dec 2023
RM 642,000
JALAN TP 7C
1,400 sqft · RM 459.00 PSF
Aug 2023
1,600 sqft
1 units Terraced Factory
RM 840,000
JLN TP 7/8
1,600 sqft · RM 525.00 PSF
Apr 2023
2,500 sqft
2 units Terraced Factory
RM 2,260,000
JLN TP 3/2
2,497 sqft · RM 905.00 PSF
Nov 2023
RM 2,320,000
JLN TP 3/2
2,497 sqft · RM 929.00 PSF
Jul 2023
3,000 sqft
4 units Terraced Factory
RM 1,700,000
JLN TP 7/5
3,000 sqft · RM 567.00 PSF
Aug 2023
RM 1,649,000
JLN TP 7/6
3,000 sqft · RM 550.00 PSF
Jul 2023
RM 1,600,000
JLN TP 7/5
3,000 sqft · RM 533.00 PSF
Jun 2023
RM 1,600,000
JLN TP 7/7
3,000 sqft · RM 533.00 PSF
Mar 2023
4,300 sqft
1 units Terraced Factory
RM 3,450,000
JLN TP 3/2
4,316 sqft · RM 799.00 PSF
May 2023
8,400 sqft
1 units Semi-D Factory
RM 5,488,000
JLN TP 5A
8,400 sqft · RM 653.00 PSF
Jun 2023
87,100 sqft
1 units Detached Factory
RM 25,430,000
JALAN TP 5
87,123 sqft · RM 292.00 PSF
Mar 2023