Commercial Market
Median Price
RM 270,000
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 9 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 381.
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 270K, with most transactions falling within a stable range of RM 190K to RM 486K, and a typical market range of RM 190K to RM 368K.
Most transactions involved shop unit/retail lot, with moderate diversity in property types available.
Price per square foot shows a median of RM 381, though individual units vary from RM 195 to RM 567 in the core range. The broader market spans RM 279.25 to RM 482.75, indicating diverse property characteristics. A wider spread (IQR: RM 203.50) and deviation (MAD: RM 186) 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 250,000
|
RM 381.00
|
657 sqft
|
Dec 2023
|
||
|
RM 250,000
|
RM 381.00
|
657 sqft
|
Jun 2023
|
||
|
RM 270,000
|
RM 405.00
|
667 sqft
|
Jan 2023
|
|
RM 190,000
|
RM 188.00
|
1,011 sqft
|
Mar 2023
|
||
|
RM 240,000
|
RM 237.00
|
1,011 sqft
|
Jan 2023
|
|
RM 550,000
|
RM 521.00
|
1,055 sqft
|
Jul 2023
|
||
|
RM 550,000
|
RM 521.00
|
1,055 sqft
|
May 2023
|
|
RM 880,000
|
RM 802.00
|
1,098 sqft
|
Dec 2023
|
|
RM 518,000
|
RM 184.00
|
2,820 sqft
|
Dec 2023
|