SIME UEP INDUSTRIAL PARK

SIME UEP INDUSTRIAL PARK in Petaling, Selangor recorded 15 subsale transactions in 2023, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 533.

This area contains both residential and commercial properties. View 24 residential properties or 25 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.60 million, with most transactions falling within a stable range of RM 1.60 million to RM 1.64 million, and a typical market range of RM 1.60 million to RM 1.70 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 533, with most transactions between RM 519 and RM 547. The usual range is RM 474.00 to RM 592.00, showing that most units are priced quite close to each other. With an IQR of RM 118.00 and MAD of RM 14, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.