GLOMAC BUSINESS CENTRE in Petaling, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 284.
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.
The median PSF stands at RM 284, with core pricing between RM 253 and RM 316. Market pricing typically extends from RM 167.00 to RM 401.00, reflecting moderate variation in unit pricing. With an IQR of RM 234.00 and MAD of RM 32, 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.