SIME UEP INDUSTRIAL. PARK

Area Intelligence
2022
Median Price
RM 1,215,000
PSF: RM 740

Commercial PSF Trends

Median Price

RM 1,215,000

RM 740 PSF

SIME UEP INDUSTRIAL. PARK in Petaling, Selangor recorded 6 subsale transactions in 2022, with a median price of RM 1.22 million and a median price per square foot (PSF) of RM 740.

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 1.22 million, with most transactions falling within a stable range of RM 750K to RM 1.86 million, and a typical market range of RM 1.03 million to RM 1.40 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 740, though individual units vary from RM 555 to RM 924 in the core range. The broader market spans RM 595.88 to RM 883.13, indicating diverse property characteristics. The spread of RM 287.25 (IQR) and deviation of RM 184 (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.

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SIME UEP INDUSTRIAL. PARK, Petaling, Selangor

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Transactions

6 transactions grouped by size

1,550 sqft
Double Storey Shop
RM 1,240,000
JALAN TIARA
1,539 sqft · RM 806 PSF
RM 1,230,000
JALAN TIARA 1
1,539 sqft · RM 799 PSF
1,650 sqft
Double Storey Shop
RM 750,000
JALAN TP 7/2
1,647 sqft · RM 455 PSF
1,750 sqft
Double Storey Shop
RM 1,200,000
JALAN PINGGIRAN USJ 1/9
1,765 sqft · RM 680 PSF
2,550 sqft
Double Storey Shop
RM 1,200,000
JALAN TP 7/2
2,540 sqft · RM 472 PSF
2,900 sqft
Double Storey Shop
RM 2,800,000
JALAN TP 7/5
2,900 sqft · RM 966 PSF

No Properties For Sale

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

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