Area Intelligence

DAMANSARA PROMENADE

6 properties
2023
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Median Price
RM 2,800,000
PSF: RM 1,335

Commercial Market

Median Price

RM 2,800,000

IQR: RM 159
MAD: RM 83
RM 1,335 PSF 8.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DAMANSARA PROMENADE in Petaling, Selangor recorded 6 subsale transactions in 2023, with a median price of RM 2.80 million and a median price per square foot (PSF) of RM 1,335.

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 2.80 million, with most transactions falling within a stable range of RM 1.62 million to RM 3.98 million, and a typical market range of RM 2.11 million to RM 3.49 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 1,335, though individual units vary from RM 979 to RM 1,691 in the core range. The broader market spans RM 1,255.50 to RM 1,414.50, indicating diverse property characteristics. A wider spread (IQR: RM 159.00) and deviation (MAD: RM 356) 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. 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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DAMANSARA PROMENADE, Petaling, Selangor

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Transactions

6 properties found

3-Storey Storey Shop JALAN TEKNOLOGI 3/9 (BISTARI DE'KOTA)
RM 1,550,000
1,647 sqft Oct 2023
RM 941.00 PSF
3-Storey Storey Shop JLN TEKNOLOGI 3/9
RM 2,800,000
2,734 sqft Oct 2023
RM 1,024.00 PSF
3-Storey Storey Shop JLN TEKNOLOGI 3/9
RM 2,885,000
1,679 sqft Aug 2023
RM 1,718.00 PSF
3-Storey Storey Shop JLN TEKNOLOGI 3/9
RM 5,112,000
3,003 sqft Aug 2023
RM 1,702.00 PSF
3-Storey Storey Shop JLN TEKNOLOGI 3/9
RM 2,800,000
1,701 sqft Jul 2023
RM 1,646.00 PSF
Double Storey Shop JLN TEKNOLOGI 3/9
RM 1,600,000
1,647 sqft May 2023
RM 972.00 PSF