Hicom Glenmarie Industrial. Park

Hicom-glenmarie Industrial Park, 40150 Shah Alam, Selangor, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM 1,440,000
PSF
RM 441
Price Size
Period
transactions middle 50% (P25–P75)
2,650 sqft
2-Sty Shop
RM 1,380,000
Jalan Juruwang A U1/A
2,659 sqft · RM 519 PSF
2,950 sqft
2-Sty Shop
RM 1,500,000
Jalan Jurureka U1/40
2,928 sqft · RM 512 PSF
RM 1,280,000
Jalan Jurureka U1/40
2,928 sqft · RM 437 PSF
RM 1,300,000
Jalan Jurureka U1/40
2,928 sqft · RM 444 PSF
5,200 sqft
3-Sty Shop
RM 2,220,000
Jalan Pekedai U1/36
5,221 sqft · RM 425 PSF
8,450 sqft
3-Sty Shop
RM 2,800,000
Jalan B U1/B
8,471 sqft · RM 331 PSF
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Market Snapshot

Commercial

RM 1,440,000

RM 441 psf

Median transaction price

Hicom Glenmarie Industrial. Park
© OpenStreetMap · CARTO

Hicom-glenmarie Industrial Park, 40150 Shah Alam, Selangor, Malaysia

Maps

Hicom Glenmarie Industrial. Park in Petaling, Selangor recorded 6 subsale transactions in 2024, with a median price of RM 1.44 million and a median price per square foot (PSF) of RM 441.

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 1.44 million, with most transactions falling within a stable range of RM 1.28 million to RM 2.01 million, and a typical market range of RM 1.28 million to RM 2.00 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 441, with core pricing between RM 378 and RM 503. Market pricing typically extends from RM 323.61 to RM 557.61, reflecting moderate variation in unit pricing. With an IQR of RM 234.00 and MAD of RM 63, 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.