IPARC 1

Area Intelligence
2022
Median Price
RM 3,737,000
PSF: RM 448

Commercial PSF Trends

Median Price

RM 3,737,000

RM 448 PSF

IPARC 1 in Petaling, Selangor recorded 4 subsale transactions in 2022, with a median price of RM 3.74 million and a median price per square foot (PSF) of RM 448.

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 3.74 million, with most transactions falling within a stable range of RM 3.44 million to RM 4.04 million, and a typical market range of RM 3.35 million to RM 4.20 million.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 448, with core pricing between RM 399 and RM 497. Market pricing typically extends from RM 413.88 to RM 482.13, reflecting moderate variation in unit pricing. With an IQR of RM 68.25 and MAD of RM 49, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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IPARC 1, Petaling, Selangor

OSM

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Transactions

4 transactions grouped by size

7,900 sqft
Semi-D Factory
RM 3,350,000
JALAN ASTAKA U8/84A
7,920 sqft · RM 423 PSF
RM 3,750,000
JALAN ASTAKA U8/84A
7,920 sqft · RM 473 PSF
8,350 sqft
Semi-D Factory
RM 4,200,000
JALAN ASTAKA U8/84A
8,360 sqft · RM 502 PSF
10,000 sqft
Semi-D Factory
RM 3,724,000
JALAN ASTAKA U8/84A
9,993 sqft · RM 373 PSF

No Properties For Sale

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

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