KELANA SQUARE

Area Intelligence
2023
Median Price
RM 375,000
PSF: RM 326

Commercial PSF Trends

Median Price

RM 375,000

RM 326 PSF

KELANA SQUARE in Petaling, Selangor recorded 8 subsale transactions in 2023, with a median price of RM 375K and a median price per square foot (PSF) of RM 326.

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 375K, with most transactions falling within a stable range of RM 294K to RM 456K, and a typical market range of RM 343K to RM 407K.

Most transactions involved office lot, though some variety exists in the market.

The median PSF stands at RM 326, with core pricing between RM 276 and RM 375. Market pricing typically extends from RM 312.75 to RM 338.25, reflecting moderate variation in unit pricing. The spread of RM 25.50 (IQR) and deviation of RM 49 (MAD) suggest moderate price variations reflecting different property features.

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.

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KELANA SQUARE, Petaling, Selangor

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Transactions

8 transactions grouped by size

550 sqft
Shop/Retail Lot
RM 230,000
Level 1
535 sqft · RM 430 PSF
RM 241,000
Level G
570 sqft · RM 422 PSF
1,100 sqft
Shop/Retail Lot
RM 370,000
Level G
1,119 sqft · RM 331 PSF
1,200 sqft
RM 388,000
Level G
1,211 sqft · RM 320 PSF
RM 360,000
Level 6
1,195 sqft · RM 301 PSF
1,250 sqft
Office Lot
RM 380,000
Level 2
1,245 sqft · RM 305 PSF
1,300 sqft
Office Lot
RM 390,000
Level 2
1,280 sqft · RM 305 PSF
1,350 sqft
Office Lot
RM 500,000
Level 8
1,371 sqft · RM 365 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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