VILLARAYA INDUSTRIAL PARK in Hulu Langat, Selangor recorded 2 subsale transactions in 2021, with a median price of RM 658K and a median price per square foot (PSF) of RM 209.
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 658K, with most transactions falling within a stable range of RM 491K to RM 826K, and a typical market range of RM 412K to RM 904K.
Most transactions involved terraced factory/warehouse, though some variety exists in the market.
The median PSF stands at RM 209, with core pricing between RM 176 and RM 243. Market pricing typically extends from RM 174.13 to RM 243.88, reflecting moderate variation in unit pricing. The spread of RM 69.75 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.
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.