KELANA BUSINESS CENTRE

KELANA BUSINESS CENTRE in Petaling, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 770K and a median price per square foot (PSF) of RM 546.

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 770K, with most transactions falling within a stable range of RM 538K to RM 1.13 million, and a typical market range of RM 632K to RM 908K.

Most transactions involved office lot, though some variety exists in the market.

Price per square foot shows a median of RM 546, though individual units vary from RM 427 to RM 665 in the core range. The broader market spans RM 437.75 to RM 654.25, indicating diverse property characteristics. The spread of RM 216.50 (IQR) and deviation of RM 119 (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.