CENTRO

Area Intelligence

2024

Median Price

RM 315,000

PSF: RM 551

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Commercial PSF Trends

Median Price

RM 315,000

RM 551 PSF

CENTRO in Klang, Selangor recorded 2 subsale transactions in 2024, with a median price of RM 315K and a median price per square foot (PSF) of RM 551.

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 315K, with most transactions falling within a stable range of RM 280K to RM 350K, and a typical market range of RM 280K to RM 350K.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 551, with most transactions between RM 531 and RM 570. The usual range is RM 499.50 to RM 601.50, showing that most units are priced quite close to each other. With an IQR of RM 102.00 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

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.

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CENTRO, Klang, Selangor

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