KELANA STREET MALL

Area Intelligence

2023

Median Price

RM 561,000

PSF: RM 355

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Commercial PSF Trends

Median Price

RM 561,000

RM 355 PSF

KELANA STREET MALL in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 561K and a median price per square foot (PSF) of RM 355.

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 561K, with most transactions falling within a stable range of RM 534K to RM 561K, and a typical market range of RM 506K to RM 561K.

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

For price per square foot, the median is RM 355, with most transactions between RM 338 and RM 373. The usual range is RM 127.88 to RM 582.13, showing that most units are priced quite close to each other. With an IQR of RM 454.25 and MAD of RM 18, 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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KELANA STREET MALL, Petaling, Selangor

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