GLENMARIE INDUSTRIAL PARK

GLENMARIE INDUSTRIAL PARK in Petaling, Selangor recorded 6 subsale transactions in 2023, priced between RM 500K and RM 1.00 million, with a median price of RM 955K and a median price per square foot (PSF) of RM 460.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 955K, with most transactions falling within a stable range of RM 902K to RM 1.00 million, and a typical market range of RM 835K to RM 1.00 million.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 460, though individual units vary from RM 364 to RM 556 in the core range. The broader market spans RM 373.33 to RM 546.08, indicating diverse property characteristics. The spread of RM 172.75 (IQR) and deviation of RM 96 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.