Commercial Market
Median Price
RM 3,200,000
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 2 subsale transactions in 2024, with a median price of RM 3.20 million and a median price per square foot (PSF) of RM 1,906.
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 3.20 million, with most transactions falling within a stable range of RM 3.00 million to RM 3.40 million, and a typical market range of RM 3.00 million to RM 3.40 million.
Most transactions involved 4 - 4 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 1,906, with most transactions between RM 1,787 and RM 2,025. The usual range is RM 1,604.00 to RM 2,208.00, showing that most units are priced quite close to each other. With an IQR of RM 604.00 and MAD of RM 119, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN BS 1/1
|
RM 3,400,000
|
RM 2,025.00
|
1,679 sqft
|
Oct 2024
|
|
JLN BS 1/2
|
RM 3,000,000
|
RM 1,787.00
|
1,679 sqft
|
Aug 2024
|