PETALING JAYA COMMERCIAL CITY (PJS 5)

Area Intelligence
2023
Median Price
RM 1,415,000
PSF: RM 920

Commercial PSF Trends

Median Price

RM 1,415,000

RM 920 PSF

PETALING JAYA COMMERCIAL CITY (PJS 5) in Petaling, Selangor recorded 6 subsale transactions in 2023, with a median price of RM 1.42 million and a median price per square foot (PSF) of RM 920.

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 920, with most transactions between RM 917 and RM 923. The usual range is RM 540.00 to RM 1,299.00, showing that most units are priced quite close to each other. With an IQR of RM 759.00 and MAD of RM 3, 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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Transactions

2 transactions grouped by size

1,250 sqft
Shop/Retail Lot
RM 305,000
Level 5
1,249 sqft · RM 244 PSF
1,300 sqft
Office Lot
RM 305,000
Level 5
1,281 sqft · RM 238 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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