SIME UEP INDUSTRIAL. PARK

Area Intelligence
2023
Median Price
RM 920,000
PSF: RM 558

Commercial PSF Trends

Median Price

RM 920,000

RM 558 PSF

SIME UEP INDUSTRIAL. PARK in Petaling, Selangor recorded 5 subsale transactions in 2023, with a median price of RM 920K and a median price per square foot (PSF) of RM 558.

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 920K, with most transactions falling within a stable range of RM 695K to RM 1.15 million, and a typical market range of RM 739K to RM 1.10 million.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 558, though individual units vary from RM 391 to RM 726 in the core range. The broader market spans RM 414.38 to RM 701.63, indicating diverse property characteristics. A wider spread (IQR: RM 287.25) and deviation (MAD: RM 168) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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SIME UEP INDUSTRIAL. PARK, Petaling, Selangor

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Transactions

5 transactions grouped by size

1,550 sqft
Double Storey Shop
RM 1,320,000
JALAN TIARA 1
1,539 sqft · RM 858 PSF
RM 1,148,000
JALAN TIARA 1
1,539 sqft · RM 746 PSF
1,650 sqft
Double Storey Shop
RM 800,000
JALAN TP 7/1
1,650 sqft · RM 485 PSF
RM 920,000
JALAN TP 7/2
1,650 sqft · RM 558 PSF
RM 920,000
JALAN TP 7/2
1,650 sqft · RM 558 PSF

No Properties For Sale

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

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