Area Intelligence

DAMANSARA PROMENADE

5 properties
3-Storey Storey Shop
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Median Price
RM 2,800,000
PSF: RM 1,646

Commercial Market

Median Price

RM 2,800,000

IQR: RM 159
MAD: RM 83
RM 1,646 PSF 8.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DAMANSARA PROMENADE in Petaling, Selangor recorded 5 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 2.80 million and a median price per square foot (PSF) of RM 1,646.

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 1.65 million to RM 3.95 million, and a typical market range of RM 2.11 million to RM 3.49 million.

Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 1,646, though individual units vary from RM 1,298 to RM 1,994 in the core range. The broader market spans RM 1,566.50 to RM 1,725.50, indicating diverse property characteristics. The spread of RM 159.00 (IQR) and deviation of RM 348 (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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DAMANSARA PROMENADE, Petaling, Selangor

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Transactions

5 properties grouped by size

1,650 sqft
1 units 3-Storey Storey Shop
RM 1,550,000
JALAN TEKNOLOGI 3/9 (BISTARI DE'KOTA)
1,647 sqft · RM 941.00 PSF
Oct 2023
1,700 sqft
2 units 3-Storey Storey Shop
RM 2,885,000
JLN TEKNOLOGI 3/9
1,679 sqft · RM 1,718.00 PSF
Aug 2023
RM 2,800,000
JLN TEKNOLOGI 3/9
1,701 sqft · RM 1,646.00 PSF
Jul 2023
2,750 sqft
1 units 3-Storey Storey Shop
RM 2,800,000
JLN TEKNOLOGI 3/9
2,734 sqft · RM 1,024.00 PSF
Oct 2023
3,000 sqft
1 units 3-Storey Storey Shop
RM 5,112,000
JLN TEKNOLOGI 3/9
3,003 sqft · RM 1,702.00 PSF
Aug 2023