Area Intelligence

CHEONG HIN COMMERCIAL CITY

17 properties
Office Lot
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Median Price
RM 300,000
PSF: RM 186

Commercial Market

Median Price

RM 300,000

IQR: RM 113
MAD: RM 59
RM 186 PSF 8.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

CHEONG HIN COMMERCIAL CITY in Petaling, Selangor recorded 17 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 300K and a median price per square foot (PSF) of RM 186.

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 300K, with most transactions falling within a stable range of RM 260K to RM 375K, and a typical market range of RM 260K to RM 425K.

Within the Office Lot category, shop unit/retail lot dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 186, though individual units vary from RM 143 to RM 229 in the core range. The broader market spans RM 129.50 to RM 242.50, indicating diverse property characteristics. The spread of RM 113.00 (IQR) and deviation of RM 43 (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. 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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CHEONG HIN COMMERCIAL CITY, Petaling, Selangor

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Transactions

17 properties grouped by size

1,400 sqft
7 units Office Lot
RM 270,000
1,399 sqft · RM 193.00 PSF
Jun 2024
RM 300,000
1,399 sqft · RM 214.00 PSF
Jan 2024
RM 300,000
1,399 sqft · RM 214.00 PSF
Jan 2024
RM 300,000
1,399 sqft · RM 214.00 PSF
Jan 2024
RM 400,000
1,399 sqft · RM 286.00 PSF
Jan 2023
RM 260,000
1,399 sqft · RM 186.00 PSF
Mar 2022
RM 260,000
1,399 sqft · RM 186.00 PSF
Mar 2022
1,600 sqft
4 units Office Lot
RM 270,000
1,604 sqft · RM 168.00 PSF
Dec 2022
RM 270,000
1,604 sqft · RM 168.00 PSF
Oct 2022
RM 280,000
1,604 sqft · RM 175.00 PSF
Mar 2022
RM 450,000
1,604 sqft · RM 281.00 PSF
Feb 2021
1,650 sqft
1 units Office Lot
RM 368,000
1,627 sqft · RM 226.00 PSF
Mar 2022
1,900 sqft
3 units Office Lot
RM 320,000
1,905 sqft · RM 168.00 PSF
Mar 2022
RM 310,000
1,905 sqft · RM 163.00 PSF
Mar 2022
RM 310,000
1,905 sqft · RM 163.00 PSF
Mar 2022
2,050 sqft
1 units Office Lot
RM 550,000
2,056 sqft · RM 268.00 PSF
May 2023
2,750 sqft
1 units Office Lot
RM 360,000
2,734 sqft · RM 132.00 PSF
Mar 2022