KELANA BUSINESS CENTRE in Petaling, Selangor recorded 2 subsale transactions in 2024, with a median price of RM 598K and a median price per square foot (PSF) of RM 363.
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 598K, with most transactions falling within a stable range of RM 417K to RM 779K, and a typical market range of RM 460K to RM 735K.
Most transactions involved office lot, though some variety exists in the market.
The median PSF stands at RM 363, with core pricing between RM 327 and RM 400. Market pricing typically extends from RM 254.75 to RM 471.25, reflecting moderate variation in unit pricing. With an IQR of RM 216.50 and MAD of RM 37, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.