SIME UEP INDUSTRIAL PARK

Area Intelligence
2023
Median Price
RM 1,600,000
PSF: RM 533

Residential PSF Trends

Median Price

RM 630,000

PSF: RM 517

Commercial PSF Trends

Median Price

RM 1,980,000

RM 559 PSF

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 1.05 million to RM 2.16 million, and a typical market range of RM 763K to RM 2.44 million.

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

The median PSF stands at RM 533, with core pricing between RM 475 and RM 591. Market pricing typically extends from RM 474.00 to RM 592.00, reflecting moderate variation in unit pricing. With an IQR of RM 118.00 and MAD of RM 58, 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.

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SIME UEP INDUSTRIAL PARK, Petaling, Selangor

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