Glenmarie Industrial. Park

jalan penerbit u1/43, kawasan perindustrian temasya, Hicom-glenmarie Industrial Park, 40150 Shah Alam, Selangor, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM 10,505,000
PSF
RM 557
Price Size
Period
transactions middle 50% (P25–P75)
2,750 sqft
Terrace Factory
RM 2,030,000
Jalan Pentadbir U1/30
2,756 sqft · RM 737 PSF
RM 2,050,000
Jalan Pendidik U1/31
2,756 sqft · RM 744 PSF
RM 2,300,000
Jalan Pendidik U1/31
2,756 sqft · RM 835 PSF
11,250 sqft
Semi-D Factory
RM 10,700,000
Jalan Pemaju U1/15 (Novus Business Park)
11,270 sqft · RM 949 PSF
32,700 sqft
Factory
RM 10,310,000
Jalan Pensyarah U1/28
32,679 sqft · RM 315 PSF
53,550 sqft
Factory
RM 20,200,000
Jalan Pemaju U1/15
53,572 sqft · RM 377 PSF
69,700 sqft
Factory
RM 24,250,000
Jalan Pemaju U1/15
69,718 sqft · RM 348 PSF
71,650 sqft
Factory
RM 19,650,000
Jalan Pemaju U1/15
71,655 sqft · RM 274 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 10,505,000

RM 557 psf

Median transaction price

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jalan penerbit u1/43, kawasan perindustrian temasya, Hicom-glenmarie Industrial Park, 40150 Shah Alam, Selangor, Malaysia

Maps

Glenmarie Industrial. Park in Petaling, Selangor recorded 8 subsale transactions in 2022, with a median price of RM 10.51 million and a median price per square foot (PSF) of RM 557.

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 10.51 million, with most transactions falling within a stable range of RM 2.06 million to RM 18.95 million, and a typical market range of RM 3.98 million to RM 17.03 million.

Most transactions involved terraced factory/warehouse, with high diversity across multiple property types.

Price per square foot shows a median of RM 557, though individual units vary from RM 304 to RM 810 in the core range. The broader market spans RM 320.63 to RM 793.13, indicating diverse property characteristics. A wider spread (IQR: RM 472.50) and deviation (MAD: RM 253) 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.