TAMAN PETALING UTAMA

Area Intelligence
2023
Median Price
RM 515,000
PSF: RM 326

Commercial PSF Trends

Median Price

RM 515,000

RM 326 PSF

TAMAN PETALING UTAMA in Petaling, Selangor recorded 6 subsale transactions in 2023, with a median price of RM 515K and a median price per square foot (PSF) of RM 326.

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 515K, with most transactions falling within a stable range of RM 280K to RM 828K, and a typical market range of RM 280K to RM 990K.

Most transactions involved office lot, with high diversity across multiple property types.

Price per square foot shows a median of RM 326, though individual units vary from RM 121 to RM 530 in the core range. The broader market spans RM 99.00 to RM 552.00, indicating diverse property characteristics. A wider spread (IQR: RM 453.00) and deviation (MAD: RM 205) 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 PETALING UTAMA, Petaling, Selangor

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Transactions

6 transactions grouped by size

1,500 sqft
Office Lot
RM 280,000
Level 2
1,518 sqft · RM 184 PSF
1,550 sqft
3-Storey Shop
RM 1,280,000
JALAN PJS 1/11
1,540 sqft · RM 831 PSF
1,600 sqft
Office Lot
RM 500,000
Level 3
1,581 sqft · RM 316 PSF
RM 500,000
Level 1
1,581 sqft · RM 316 PSF
RM 530,000
Level 2
1,581 sqft · RM 335 PSF
RM 600,000
Level 1
1,581 sqft · RM 380 PSF

No Properties For Sale

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

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