Selangor, Petaling, Bandar Petaling Jaya

GLOMAC SQUARE

Area Intelligence

2022

Median Price

RM 910,000

PSF: RM 984

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Commercial PSF Trends

Median Price

RM 910,000

RM 984 PSF

GLOMAC SQUARE in Petaling, Selangor recorded 4 subsale transactions in 2022, with a median price of RM 910K and a median price per square foot (PSF) of RM 984.

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 910K, with most transactions falling within a stable range of RM 820K to RM 1.00 million, and a typical market range of RM 820K to RM 1.00 million.

Most transactions involved shop unit/retail lot, with high diversity across multiple property types.

For price per square foot, the median is RM 984, with most transactions between RM 929 and RM 1,038. The usual range is RM 762.63 to RM 1,204.38, showing that most units are priced quite close to each other. With an IQR of RM 441.75 and MAD of RM 55, 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.

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GLOMAC SQUARE, Petaling, Selangor

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