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Market Snapshot
CommercialRM 29,500,000
RM 281 psfMedian transaction price
Jalan Penaga, 43400 Serdang, Selangor, Malaysia
MapsSungai Penaga in Petaling, Selangor recorded 1 subsale transactions between 2021 and 2026, sized between 104,775 and 104,824 sqft, with a median price of RM 29.50 million and a median price per square foot (PSF) of RM 281.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved detached factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 281, with most transactions between RM 281 and RM 281. The usual range is RM 95.47 to RM 467.47, showing that most units are priced quite close to each other. With an IQR of RM 372.00 and MAD of RM 0, 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. Limited transaction history suggests carefully evaluating comparable sales data.