RM7,400,000 (RM961.04 psf)

DONE DEAL: Semidee, Bukit Damansara, Kuala Lumpur

DONE DEAL: Terrace house, Ara Damansara, Selangor

Our most recent data shows that average transacted prices for industrial properties in Petaling Jaya have increased by 67.13%. This is the first time average transacted prices for PJ industrial properties have seen an increase, having experienced a steady decrease since 2020. (Source: EdgeProp EPIQ)

According to Paul Lim (REN 21542) (013-333 4993) of The Roof Realty Sdn Bhd, the buyers, who are from a different state, were looking for a suitable property to expand their business. The original asking price was RM7,800,000, which was negotiated down. A fair deal, considering the prime location of the property.

As of the start of August 2024, there are 73 industrial property listings on EdgeProp for sale around southeastern Petaling Jaya, with an average asking price of RM21,726,986.16 or RM704.20 psf. There are a total of 100 listings for rental industrial properties, with an average monthly rent of RM60,789.90 or RM2.70 psf.

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