TAMAN MEDAN

Area Intelligence
2022
Median Price
RM 605,000
PSF: RM 567

Commercial PSF Trends

Median Price

RM 605,000

RM 567 PSF

TAMAN MEDAN in Petaling, Selangor recorded 3 subsale transactions in 2022, with a median price of RM 605K and a median price per square foot (PSF) of RM 567.

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 605K, with most transactions falling within a stable range of RM 570K to RM 908K, and a typical market range of RM 570K to RM 755K.

Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 567, though individual units vary from RM 391 to RM 743 in the core range. The broader market spans RM 501.50 to RM 632.50, indicating diverse property characteristics. A wider spread (IQR: RM 131.00) and deviation (MAD: RM 176) 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.

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TAMAN MEDAN, Petaling, Selangor

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Transactions

3 transactions grouped by size

1,050 sqft
Shop/Retail Lot
RM 605,000
Level G
1,067 sqft · RM 567 PSF
1,650 sqft
4-Storey Shop
RM 1,230,000
JALAN MEDAN 9
1,650 sqft · RM 745 PSF
1,800 sqft
Terraced Factory
RM 570,000
JALAN PJS 3/2
1,800 sqft · RM 317 PSF

No Properties For Sale

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

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