Iparc 1 in Petaling, Selangor recorded 2 subsale transactions in 2023, with a median price of RM4.29 million and a median price per square foot (PSF) of RM497.

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 RM4.29 million, with most transactions falling within a stable range of RM4.09 million to RM4.50 million, and a typical market range of RM4.09 million to RM4.50 million.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM497, with most transactions between RM478 and RM516. The usual range is RM463.14 to RM531.39, showing that most units are priced quite close to each other. With an IQR of RM68.25 and MAD of RM19, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.