Commercial Market
Median Price
RM 750,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
36 properties
Median Price
RM 790,000
+4.2% CAGR
Median PSF
RM 543.50
+5.2% CAGR
Shop/Retail Lot
12 properties
Median Price
RM 300,000
+14.4% CAGR
Median PSF
RM 272.00
+16.6% CAGR
4-Storey Storey Shop
2 properties
Median Price
RM 3,087,000
-7.4% CAGR
Median PSF
RM 1,087.50
-11.7% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Shop | 36 |
RM 790,000
±120K MAD
|
+4.20% |
RM 543.50
±34 MAD
|
+5.24% | |
| Shop/Retail Lot | 12 |
RM 300,000
±35K MAD
|
+14.38% |
RM 272.00
±22 MAD
|
+16.55% | |
| 4-Storey Storey Shop | 2 |
RM 3,087,000
±237K MAD
|
-7.40% |
RM 1,087.50
±135 MAD
|
-11.69% |
TMN LESTARI PERDANA in Petaling, Selangor recorded 19 subsale transactions in 2023, with a median price of RM 750K and a median price per square foot (PSF) of RM 533.
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 750K, with most transactions falling within a stable range of RM 403K to RM 1.10 million, and a typical market range of RM 605K to RM 895K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 533, though individual units vary from RM 365 to RM 701 in the core range. The broader market spans RM 438.50 to RM 627.50, indicating diverse property characteristics. A wider spread (IQR: RM 189.00) and deviation (MAD: RM 168) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
19 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 140,000
|
RM 225.00
|
621 sqft
|
Jun 2023
|
|
RM 105,000
|
RM 161.00
|
652 sqft
|
Sep 2023
|
|
RM 265,000
|
RM 250.00
|
1,062 sqft
|
May 2023
|
|
JLN LP 7/5
|
RM 830,000
|
RM 692.00
|
1,200 sqft
|
Dec 2023
|
|
|
JLN LP 7/5B
|
RM 685,000
|
RM 571.00
|
1,200 sqft
|
Feb 2023
|
|
JLN LP 1A/6
|
RM 650,000
|
RM 464.00
|
1,400 sqft
|
Dec 2023
|
|
|
JLN LP 1A/4
|
RM 700,000
|
RM 500.00
|
1,400 sqft
|
Jul 2023
|
|
|
JLN LP 2A/3
|
RM 750,000
|
RM 536.00
|
1,399 sqft
|
Apr 2023
|
|
JLN LP 7/2
|
RM 950,000
|
RM 633.00
|
1,500 sqft
|
Oct 2023
|
Double Storey Shop |
|
JLN LESTARI PERDANA 7/4
|
RM 930,000
|
RM 620.00
|
1,500 sqft
|
Sep 2023
|
Double Storey Shop |
|
JLN LP 7/2
|
RM 900,000
|
RM 600.00
|
1,500 sqft
|
Sep 2023
|
Double Storey Shop |
|
JLN LP 7/4
|
RM 930,000
|
RM 620.00
|
1,500 sqft
|
Sep 2023
|
Double Storey Shop |
|
JLN LP 7/2
|
RM 750,000
|
RM 500.00
|
1,500 sqft
|
Jun 2023
|
Double Storey Shop |
|
JLN LP 7/2
|
RM 800,000
|
RM 533.00
|
1,500 sqft
|
Jun 2023
|
Double Storey Shop |
|
|
RM 430,000
|
RM 291.00
|
1,478 sqft
|
Jan 2023
|
Shop/Retail Lot |
|
RM 480,000
|
RM 314.00
|
1,530 sqft
|
Dec 2023
|
|
JLN LP 7/4
|
RM 1,350,000
|
RM 765.00
|
1,765 sqft
|
Jul 2023
|
|
JLN LP 1A/6
|
RM 865,000
|
RM 407.00
|
2,123 sqft
|
Sep 2023
|
|
JLN LP 7/5
|
RM 1,500,000
|
RM 653.00
|
2,298 sqft
|
Oct 2023
|