Commercial Market
Median Price
RM 295,000
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 15 subsale transactions in 2022, with a median price of RM 295K and a median price per square foot (PSF) of RM 332.
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 295K, with most transactions falling within a stable range of RM 170K to RM 502K, and a typical market range of RM 197K to RM 393K.
Most transactions involved shop unit/retail lot, with moderate diversity in property types available.
Price per square foot shows a median of RM 332, though individual units vary from RM 192 to RM 472 in the core range. The broader market spans RM 230.25 to RM 433.75, indicating diverse property characteristics. A wider spread (IQR: RM 203.50) and deviation (MAD: RM 140) 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
15 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 268,000
|
RM 408.00
|
657 sqft
|
Oct 2022
|
||
|
RM 320,000
|
RM 487.00
|
657 sqft
|
Feb 2022
|
|
RM 295,000
|
RM 415.00
|
710 sqft
|
Oct 2022
|
||
|
RM 170,000
|
RM 239.00
|
710 sqft
|
Feb 2022
|
|
RM 390,000
|
RM 518.00
|
753 sqft
|
Feb 2022
|
|
RM 300,000
|
RM 332.00
|
904 sqft
|
Dec 2022
|
|
RM 185,000
|
RM 183.00
|
1,011 sqft
|
Aug 2022
|
||
|
RM 185,000
|
RM 183.00
|
1,011 sqft
|
Jul 2022
|
||
|
RM 205,000
|
RM 203.00
|
1,011 sqft
|
Jun 2022
|
||
|
RM 185,000
|
RM 183.00
|
1,011 sqft
|
Feb 2022
|
||
|
RM 185,000
|
RM 183.00
|
1,011 sqft
|
Feb 2022
|
|
RM 485,000
|
RM 410.00
|
1,183 sqft
|
Aug 2022
|
|
RM 500,000
|
RM 369.00
|
1,356 sqft
|
Nov 2022
|
|
RM 400,000
|
RM 288.00
|
1,388 sqft
|
Sep 2022
|
|
JLN PINGGIRAN 1/3
|
RM 1,000,000
|
RM 650.00
|
1,539 sqft
|
Jul 2022
|