RM21,000,000 (RM420 psf)

DONE DEAL: Factory, Meru, Klang, Selangor

DONE DEAL: Condominium, Bukit Bintang, Kuala Lumpur

Shah Alam’s well-established industrial parks are in high demand because of their proximity to up and coming residential areas like Kota Kemuning, Taman Sri Muda, and Taman Bunga Negara.

According to Danny Gan (REN12196) (017-356 1886) of PropNex Realty Sdn Bhd who closed the deal, the previous owners wanted to consolidate their company’s space, and decided to move to larger premises. The buyer deemed the office space suitable for conversion into a research and development centre.

As of January 2024, there are a total of 55 listings for sale in Shah Alam, with an average asking price of RM8,838,976.58 or RM576.56 psf for offices. As for rentals, there are a total of 100 listings, with an average monthly rental of RM15,997.91 or RM3.64 psf.

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