PETALING JAYA COMMERCIAL CITY (PJS 5)

Area Intelligence

2022

Median Price

RM 1,300,000

PSF: RM 845

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Commercial PSF Trends

Median Price

RM 1,300,000

RM 845 PSF

PETALING JAYA COMMERCIAL CITY (PJS 5) in Petaling, Selangor recorded 5 subsale transactions in 2022, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 845.

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 1.30 million, with most transactions falling within a stable range of RM 1.29 million to RM 295K, and a typical market range of RM 669K to RM 295K.

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 845, with most transactions between RM 840 and RM 851. The usual range is RM 465.50 to RM 1,224.50, showing that most units are priced quite close to each other. With an IQR of RM 759.00 and MAD of RM 6, 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. Some price volatility exists, making thorough market research essential before transacting. 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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