Commercial Market
Median Price
RM 800,000
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 9 subsale transactions in 2024, with a median price of RM 800K and a median price per square foot (PSF) of RM 505.
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 800K, with most transactions falling within a stable range of RM 335K to RM 1.52 million, and a typical market range of RM 655K to RM 945K.
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 505, though individual units vary from RM 338 to RM 672 in the core range. The broader market spans RM 410.50 to RM 599.50, indicating diverse property characteristics. A wider spread (IQR: RM 189.00) and deviation (MAD: RM 167) 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
9 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 335,000
|
RM 315.00
|
1,062 sqft
|
Jul 2024
|
||
RM 450,000
|
RM 424.00
|
1,062 sqft
|
Jun 2024
|
JLN LP 1A/5
|
RM 680,000
|
RM 486.00
|
1,400 sqft
|
Jul 2024
|
|
JLN LP 1A/5
|
RM 680,000
|
RM 486.00
|
1,400 sqft
|
May 2024
|
JALAN LESTARI PERDANA 7/2
|
RM 800,000
|
RM 533.00
|
1,500 sqft
|
Sep 2024
|
JALAN LESTARI PERDANA 7/2
|
RM 1,180,000
|
RM 627.00
|
1,881 sqft
|
Jul 2024
|
JLN LP 7/2
|
RM 1,158,000
|
RM 505.00
|
2,291 sqft
|
Feb 2024
|
JLN LP 1A/5
|
RM 1,450,000
|
RM 515.00
|
2,818 sqft
|
Feb 2024
|
JLN LP 7/2
|
RM 2,850,000
|
RM 953.00
|
2,992 sqft
|
May 2024
|