GLENMARIE INDUSTRIAL. PARK

GLENMARIE INDUSTRIAL. PARK in Petaling, Selangor recorded 10 Terraced Factory properties subsale transactions between 2021 and 2025 for terraced factory properties, with a median price of RM 2.54 million and a median price per square foot (PSF) of RM 696.

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 2.54 million, with most transactions falling within a stable range of RM 1.85 million to RM 4.07 million, and a typical market range of RM 1.85 million to RM 6.10 million.

Within the Terraced Factory category, terraced factory/warehouse dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 696, though individual units vary from RM 498 to RM 894 in the core range. The broader market spans RM 454.75 to RM 937.25, indicating diverse property characteristics. A wider spread (IQR: RM 482.50) and deviation (MAD: RM 198) indicate significant PSF variations, likely due to diverse property types or conditions.

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.