Selangor
Petaling
Pekan Chempaka
MASALAM COM. CENTRE

MASALAM COM. CENTRE

Area Intelligence

2023

Median Price

RM 230,000

PSF: RM 320

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Commercial PSF Trends

Median Price

RM 230,000

RM 320 PSF

MASALAM COM. CENTRE in Petaling, Selangor recorded 12 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 320.

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 230K, with most transactions falling within a stable range of RM 1.03 million to RM 245K, and a typical market range of RM 1.03 million to RM 518K.

Most transactions involved office lot, with moderate diversity in property types available.

For price per square foot, the median is RM 320, with most transactions between RM 308 and RM 333. The usual range is RM 166.25 to RM 473.75, showing that most units are priced quite close to each other. With an IQR of RM 307.50 and MAD of RM 13, 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.

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MASALAM COM. CENTRE, Petaling, Selangor

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