Commercial Market
Median Price
RM 275,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Shop/Retail Lot
30 properties
Median Price
RM 250,000
+12.5% CAGR
Median PSF
RM 366.00
+18.3% CAGR
Office Lot
9 properties
Median Price
RM 489,500
-59.9% CAGR
Median PSF
RM 386.50
-43.2% CAGR
3-Storey Storey Shop
2 properties
Median Price
RM 1,095,000
+9.1% CAGR
Median PSF
RM 709.00
+8.7% CAGR
Double Storey Shop
1 properties
Median Price
RM 1,300,000
Median PSF
RM 788.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Shop/Retail Lot | 30 |
RM 250,000
±20K MAD
|
+12.47% |
RM 366.00
±27 MAD
|
+18.28% | |
Office Lot | 9 |
RM 489,500
±210K MAD
|
-59.94% |
RM 386.50
±107 MAD
|
-43.20% | |
3-Storey Storey Shop | 2 |
RM 1,095,000
±95K MAD
|
+9.09% |
RM 709.00
±59 MAD
|
+8.70% | |
Double Storey Shop | 1 |
RM 1,300,000
|
- |
RM 788.00
|
- |
TMN PINGGIRAN PUTRA SEK. 2 in Petaling, Selangor recorded 14 subsale transactions in 2024, with a median price of RM 275K and a median price per square foot (PSF) of RM 323.
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 275K, with most transactions falling within a stable range of RM 130K to RM 526K, and a typical market range of RM 177K to RM 373K.
Most transactions involved shop unit/retail lot, with moderate diversity in property types available.
Price per square foot shows a median of RM 323, though individual units vary from RM 181 to RM 464 in the core range. The broader market spans RM 220.75 to RM 424.25, indicating diverse property characteristics. A wider spread (IQR: RM 203.50) and deviation (MAD: RM 141) 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
14 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
3-Storey Storey Shop |
JLN PINGGIRAN 1/3
|
RM 1,190,000
|
RM 768.00
|
1,550 sqft
|
Oct 2024
|
Office Lot |
|
RM 200,000
|
RM 305.00
|
657 sqft
|
Sep 2024
|
Shop/Retail Lot |
|
RM 250,000
|
RM 381.00
|
657 sqft
|
Sep 2024
|
Shop/Retail Lot |
|
RM 310,000
|
RM 465.00
|
667 sqft
|
Jul 2024
|
Office Lot |
|
RM 330,000
|
RM 274.00
|
1,206 sqft
|
Jun 2024
|
Office Lot |
|
RM 550,000
|
RM 448.00
|
1,227 sqft
|
Jun 2024
|
Shop/Retail Lot |
|
RM 200,000
|
RM 305.00
|
657 sqft
|
Jun 2024
|
Office Lot |
|
RM 280,000
|
RM 280.00
|
1,001 sqft
|
May 2024
|
Office Lot |
|
RM 250,000
|
RM 217.00
|
1,151 sqft
|
May 2024
|
Shop/Retail Lot |
|
RM 270,000
|
RM 218.00
|
1,238 sqft
|
May 2024
|
Office Lot |
|
RM 130,000
|
RM 198.00
|
656 sqft
|
Feb 2024
|
Office Lot |
|
RM 340,000
|
RM 340.00
|
1,001 sqft
|
Feb 2024
|
Shop/Retail Lot |
|
RM 270,000
|
RM 405.00
|
667 sqft
|
Feb 2024
|
Shop/Retail Lot |
|
RM 280,000
|
RM 426.00
|
657 sqft
|
Jan 2024
|