Commercial Market
Median Price
RM 2,200,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Shop/Retail Lot
15 properties
Median Price
RM 808,000
+24.7% CAGR
Median PSF
RM 517.50
+25.1% CAGR
3-Storey Storey Shop
10 properties
Median Price
RM 1,915,000
-7.0% CAGR
Median PSF
RM 1,021.50
+2.6% CAGR
Office Lot
9 properties
Median Price
RM 400,000
+0.9% CAGR
Median PSF
RM 263.00
+2.3% CAGR
4-Storey Storey Shop
5 properties
Median Price
RM 2,950,000
+4.2% CAGR
Median PSF
RM 1,676.50
+6.6% CAGR
Single Storey Shop
4 properties
Median Price
RM 837,500
+7.7% CAGR
Median PSF
RM 643.00
+7.7% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Shop/Retail Lot | 15 |
RM 808,000
±92K MAD
|
+24.69% |
RM 517.50
±98 MAD
|
+25.05% | |
| 3-Storey Storey Shop | 10 |
RM 1,915,000
±175K MAD
|
-7.04% |
RM 1,021.50
±54 MAD
|
+2.59% | |
| Office Lot | 9 |
RM 400,000
±44K MAD
|
+0.94% |
RM 263.00
±15 MAD
|
+2.31% | |
| 4-Storey Storey Shop | 5 |
RM 2,950,000
±250K MAD
|
+4.15% |
RM 1,676.50
±146 MAD
|
+6.63% | |
| Single Storey Shop | 4 |
RM 837,500
±33K MAD
|
+7.70% |
RM 643.00
±25 MAD
|
+7.69% |
PUSAT PERD. SRI KEMBANGAN in Petaling, Selangor recorded 4 subsale transactions in 2022, with a median price of RM 2.20 million and a median price per square foot (PSF) of RM 1,252.
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 2.20 million, with most transactions falling within a stable range of RM 1.93 million to RM 2.83 million, and a typical market range of RM 1.93 million to RM 2.70 million.
Most transactions involved 4 - 4 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 1,252, though individual units vary from RM 878 to RM 1,625 in the core range. The broader market spans RM 949.50 to RM 1,553.50, indicating diverse property characteristics. A wider spread (IQR: RM 604.00) and deviation (MAD: RM 373) 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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN BS 1/2
|
RM 2,400,000
|
RM 1,429.00
|
1,679 sqft
|
Jun 2022
|
|
JLN BS 1/1
|
RM 3,500,000
|
RM 1,924.00
|
1,819 sqft
|
Feb 2022
|
|
JLN BS 1/3
|
RM 2,000,000
|
RM 1,074.00
|
1,862 sqft
|
Apr 2022
|
|
JLN BS 1/3
|
RM 1,930,000
|
RM 969.00
|
1,991 sqft
|
Sep 2022
|