SUBANG INTERNATIONAL LIGHT INDUSTRIAL. PARK 1 in Petaling, Selangor recorded 20 subsale transactions in 2023, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 500.
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 1.15 million, with most transactions falling within a stable range of RM 950K to RM 1.35 million, and a typical market range of RM 945K to RM 1.36 million.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
The median PSF stands at RM 500, with core pricing between RM 445 and RM 555. Market pricing typically extends from RM 443.75 to RM 556.25, reflecting moderate variation in unit pricing. With an IQR of RM 112.50 and MAD of RM 55, 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.