PETALING JAYA COMMERCIAL CITY (PJS 5)

Area Intelligence

2021

Median Price

RM 650,000

PSF: RM 686

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Commercial PSF Trends

Median Price

RM 650,000

RM 686 PSF

PETALING JAYA COMMERCIAL CITY (PJS 5) in Petaling, Selangor recorded 1 subsale transactions in 2021, with a median price of RM 650K and a median price per square foot (PSF) of RM 686.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 686, with most transactions between RM 686 and RM 686. The usual range is RM 306.50 to RM 1,065.50, showing that most units are priced quite close to each other. With an IQR of RM 759.00 and MAD of RM 0, 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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PETALING JAYA COMMERCIAL CITY (PJS 5), Petaling, Selangor

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