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 800K to RM 1.11 million, and a typical market range of RM 800K 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 419 to RM 697 in the core range. The broader market spans RM 414.38 to RM 701.63, indicating diverse property characteristics. The spread of RM 287.25 (IQR) and deviation of RM 139 (MAD) suggest moderate price variations reflecting different property features.
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.
