SEK. 16, SHAH ALAM

SEK. 16, SHAH ALAM in Petaling, Selangor recorded 3 subsale transactions in 2021, with a median price of RM 16.00 million and a median price per square foot (PSF) of RM 303.

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 16.00 million, with most transactions falling within a stable range of RM 10.95 million to RM 16.50 million, and a typical market range of RM 11.85 million to RM 16.50 million.

Most transactions involved detached factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 303, though individual units vary from RM 240 to RM 366 in the core range. The broader market spans RM 264.50 to RM 341.50, indicating diverse property characteristics. The spread of RM 77.00 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.

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.