GLOMAC BUSINESS CENTRE

Area Intelligence

2023

Median Price

RM 400,000

PSF: RM 516

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Commercial PSF Trends

Median Price

RM 400,000

RM 516 PSF

GLOMAC BUSINESS CENTRE in Petaling, Selangor recorded 1 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 516.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 516, with most transactions between RM 516 and RM 516. The usual range is RM 399.00 to RM 633.00, showing that most units are priced quite close to each other. With an IQR of RM 234.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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GLOMAC BUSINESS CENTRE, Petaling, Selangor

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