SIME UEP INDUSTRIAL PARK

Area Intelligence
2024
Median Price
RM 750,000
PSF: RM 538

Residential PSF Trends

Median Price

RM 650,000

PSF: RM 527

Commercial PSF Trends

Median Price

RM 4,800,000

RM 583 PSF

SIME UEP INDUSTRIAL PARK in Petaling, Selangor recorded 15 subsale transactions in 2024, with a median price of RM 750K and a median price per square foot (PSF) of RM 538.

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 750K, with most transactions falling within a stable range of RM 711K to RM 750K, and a typical market range of RM 620K to RM 750K.

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 538, with most transactions between RM 503 and RM 573. The usual range is RM 479.00 to RM 597.00, showing that most units are priced quite close to each other. With an IQR of RM 118.00 and MAD of RM 35, 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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