CHEONG HIN COMMERCIAL CITY

CHEONG HIN COMMERCIAL CITY in Petaling, Selangor recorded 11 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 214.

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 400K, with most transactions falling within a stable range of RM 270K to RM 763K, and a typical market range of RM 275K to RM 525K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

Price per square foot shows a median of RM 214, though individual units vary from RM 0 to RM 449 in the core range. The broader market spans RM 157.50 to RM 270.50, indicating diverse property characteristics. A wider spread (IQR: RM 113.00) and deviation (MAD: RM 235) 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. Limited transaction history suggests carefully evaluating comparable sales data.