GLENMARIE INDUSTRIAL. PARK in Petaling, Selangor recorded 18 subsale transactions between 2021 and 2025, with a median price of RM 12.84 million and a median price per square foot (PSF) of RM 427.
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 12.84 million, with most transactions falling within a stable range of RM 5.45 million to RM 20.23 million, and a typical market range of RM 5.29 million to RM 20.39 million.
Most transactions involved terraced factory/warehouse, with high diversity across multiple property types.
Price per square foot shows a median of RM 427, though individual units vary from RM 185 to RM 669 in the core range. The broader market spans RM 189.00 to RM 664.00, indicating diverse property characteristics. A wider spread (IQR: RM 475.00) and deviation (MAD: RM 242) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
