PRIMA BUSSINESS CENTRE in Hulu Langat, Selangor recorded 7 subsale transactions in 2022, with a median price of RM 230K and a median price per square foot (PSF) of RM 183.
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 230K, with most transactions falling within a stable range of RM 188K to RM 272K, and a typical market range of RM 194K to RM 267K.
Most transactions involved office lot, with minimal variety in property types.
The median PSF stands at RM 183, with core pricing between RM 154 and RM 213. Market pricing typically extends from RM 150.88 to RM 215.13, reflecting moderate variation in unit pricing. The spread of RM 64.25 (IQR) and deviation of RM 30 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.