Cheong Hin Commercial City
23-3, Jalan SP 2/1 & Seksyen 2, Taman Perdana Serdang, 43300 Seri Kembangan, Selangor, Malaysia
23-3, Jalan SP 2/1 & Seksyen 2, Taman Perdana Serdang, 43300 Seri Kembangan, Selangor, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 1
|
RM 380,000
|
RM 139
|
2,734 sqft
|
|
Shop |
|
Level 1
|
RM 400,000
|
RM 136
|
2,939 sqft
|
|
Shop |
|
Level 2
|
RM 375,000
|
RM 128
|
2,939 sqft
|
|
Shop |
| 2021 | |||||
|
Level 3
|
RM 450,000
|
RM 281
|
1,604 sqft
|
|
Office |
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Market Snapshot
CommercialRM 364,000
RM 205 psfMedian transaction price
23-3, Jalan SP 2/1 & Seksyen 2, Taman Perdana Serdang, 43300 Seri Kembangan, Selangor, Malaysia
MapsCheong Hin Commercial City in Petaling, Selangor recorded 54 subsale transactions between 2021 and 2026, with a median price of RM 364K and a median price per square foot (PSF) of RM 209.
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 364K, with most transactions falling within a stable range of RM 278K to RM 450K, and a typical market range of RM 239K to RM 489K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
Price per square foot shows a median of RM 209, though individual units vary from RM 153 to RM 266 in the core range. The broader market spans RM 152.72 to RM 265.72, indicating diverse property characteristics. A wider spread (IQR: RM 113.00) and deviation (MAD: RM 57) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Moderate transaction volume may require patience when buying or selling.