Pelangi Promenade
Kawasan 17, 41050 Klang, Selangor, Malaysia
Kawasan 17, 41050 Klang, Selangor, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 2
|
RM 220,000
|
RM 292
|
753 sqft
|
|
Office |
|
Level 2
|
RM 170,000
|
RM 232
|
732 sqft
|
|
Office |
|
Level 3
|
RM 147,000
|
RM 195
|
753 sqft
|
|
Office |
|
Level 2
|
RM 155,000
|
RM 212
|
732 sqft
|
|
Office |
|
Level 3
|
RM 175,000
|
RM 232
|
753 sqft
|
|
Office |
| 2023 | |||||
|
Level 3
|
RM 155,000
|
RM 206
|
753 sqft
|
|
Office |
|
Level 4
|
RM 180,000
|
RM 246
|
732 sqft
|
|
Office |
|
Level 3
|
RM 190,000
|
RM 260
|
732 sqft
|
|
Office |
| 2022 | |||||
|
Level 3
|
RM 182,000
|
RM 242
|
753 sqft
|
|
Office |
|
Level 2
|
RM 185,000
|
RM 246
|
753 sqft
|
|
Office |
|
Level 3
|
RM 170,000
|
RM 232
|
732 sqft
|
|
Office |
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Market Snapshot
CommercialRM 175,000
RM 232 psfMedian transaction price
Pelangi Promenade, Kawasan 17, 41050 Klang, Selangor, Malaysia
MapsPelangi Promenade in Klang, Selangor recorded 11 subsale transactions between 2021 and 2026, sized between 725 and 774 sqft, with a median price of RM 175K and a median price per square foot (PSF) of RM 232.
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 175K, with most transactions falling within a stable range of RM 156K to RM 194K, and a typical market range of RM 147K to RM 207K.
Most transactions involved office lot, though some variety exists in the market.
The median PSF stands at RM 232, with core pricing between RM 207 and RM 258. Market pricing typically extends from RM 191.01 to RM 273.51, reflecting moderate variation in unit pricing. With an IQR of RM 82.50 and MAD of RM 25, 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.