TEMASYA INDUSTRIAL PARK in Petaling, Selangor recorded 8 subsale transactions in 2022, with a median price of RM 863K and a median price per square foot (PSF) of RM 480.
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 863K, with most transactions falling within a stable range of RM 795K to RM 930K, and a typical market range of RM 765K to RM 930K.
Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.
For price per square foot, the median is RM 480, with most transactions between RM 445 and RM 514. The usual range is RM 408.50 to RM 550.50, showing that most units are priced quite close to each other. With an IQR of RM 142.00 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.