Pelangi Square Damansara
Commercial Transaction Prices
Pelangi Square Damansara is a township/project located in Petaling, Selangor. The median transacted price for Pelangi Square Damansara is RM 814,000 with a median transacted price of RM 575.28 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 814,000
62.80% YoY
Lower: RM 408,000
Upper: RM 1,220,000
Median price per sq.ft. (psf)
RM 575.28
77.10% YoY
Lower: RM 265.07
Upper: RM 885.48
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Pelangi Square Damansara Median Price Psf
Latest Transactions from Jan 23 to Dec 23
(2 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Unit Level | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|---|
| December 2023 | Office | Leasehold | N/A | 1,377.78 sq.ft | N/A | RM 1,220,000 | RM 885 | |
| November 2023 | Office | Leasehold | N/A | 1,539.24 sq.ft | N/A | RM 408,000 | RM 265 |
December 2023
Type: Office
Tenure: Leasehold
Road: N/A
Land Area: 1,377.78 sq.ft
Build Area: N/A
Transaction: RM 1,220,000
Price PSF: RM 885
November 2023
Type: Office
Tenure: Leasehold
Road: N/A
Land Area: 1,539.24 sq.ft
Build Area: N/A
Transaction: RM 408,000
Price PSF: RM 265
Frequently Asked Questions
What factors affect commercial property prices in Pelangi Square Damansara, Petaling?
Commercial property prices in Pelangi Square Damansara, Petaling are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will commercial property prices fluctuate in Pelangi Square Damansara, Petaling?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Pelangi Square Damansara, Petaling.
How have commercial property prices changed recently in Pelangi Square Damansara, Petaling?
In the past 12 months, commercial property prices in Pelangi Square Damansara, Petaling have increased by 62.80% YoY.
What is the median price for commercial property in Pelangi Square Damansara, Petaling?
The median price for commercial property in Pelangi Square Damansara, Petaling is RM 814,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.