HICOM GLENMARIE INDUSTRIAL. PARK

HICOM GLENMARIE INDUSTRIAL. PARK in Petaling, Selangor recorded 6 subsale transactions in 2024, with a median price of RM 1.44 million and a median price per square foot (PSF) of RM 964.

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 1.44 million, with most transactions falling within a stable range of RM 1.28 million to RM 2.01 million, and a typical market range of RM 1.28 million to RM 2.05 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 964, with core pricing between RM 848 and RM 1,080. Market pricing typically extends from RM 826.50 to RM 1,101.50, reflecting moderate variation in unit pricing. With an IQR of RM 275.00 and MAD of RM 116, 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.