RICHWEY INDUSTRIAL PARK Property Investment Analysis

Cheras, Hulu Langat, Selangor

Median Price
RM 4,300,000
CAGR
+7.2%
Median PSF
RM 387.50
CAGR
-2.7%
Transactions
2
Period
2022-2024

RICHWEY INDUSTRIAL PARK in Hulu Langat, Selangor recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 4.30 million and a median price per square foot (PSF) of RM 388.

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 4.30 million, with most transactions falling within a stable range of RM 4.00 million to RM 4.60 million, and a typical market range of RM 4.15 million to RM 4.45 million.

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

For price per square foot, the median is RM 388, with most transactions between RM 377 and RM 398. The usual range is RM 382.25 to RM 392.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 10.50 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

2 found
Semi-Detached Factory/Warehouse
JALAN KPB 3
RM 4,600,000
PSF: RM 377.00
Area: 12,198 sqft
Date: Oct 2024
Semi-Detached Factory/Warehouse
RICHWAY INDUSTRIAL PARK
RM 4,000,000
PSF: RM 398.00
Area: 10,038 sqft
Date: Sep 2022