Cheong Hin Commercial City

23-3, Jalan SP 2/1 & Seksyen 2, Taman Perdana Serdang, 43300 Seri Kembangan, Selangor, Malaysia

Property Transactions

5 subsales found

Median
RM550,000
PSF
RM268

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM550,000
Level 2
2,056 sqft RM268 PSF
RM600,000
Level 1
2,056 sqft RM292 PSF
RM550,000
Level 3
2,056 sqft RM268 PSF
RM400,000
Level 1
1,604 sqft RM249 PSF
RM400,000
Level 4
1,399 sqft RM286 PSF
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Market Snapshot

Commercial

RM550,000

RM268 psf

Median transaction price

Cheong Hin Commercial City
© OpenStreetMap · CARTO

23-3, Jalan SP 2/1 & Seksyen 2, Taman Perdana Serdang, 43300 Seri Kembangan, Selangor, Malaysia

Maps

Cheong Hin Commercial City in Petaling, Selangor recorded 5 subsale transactions in 2023, with a median price of RM550K and a median price per square foot (PSF) of RM268.

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 RM550K, with most transactions falling within a stable range of RM466K to RM600K, and a typical market range of RM425K to RM600K.

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

For price per square foot, the median is RM268, with most transactions between RM252 and RM283. The usual range is RM211.02 to RM324.02, showing that most units are priced quite close to each other. With an IQR of RM113.00 and MAD of RM15, 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.