SEK. 23, SHAH ALAM

Area Intelligence
15 subsale transactions
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Median Price
RM 4,700,000
PSF: RM 337

Commercial PSF Trends

Median Price

RM 4,000,000

RM 355 PSF

SEK. 23, SHAH ALAM in Petaling, Selangor recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 4.70 million and a median price per square foot (PSF) of RM 337.

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 4.70 million, with most transactions falling within a stable range of RM 2.05 million to RM 7.35 million, and a typical market range of RM 2.74 million to RM 6.66 million.

Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.

Price per square foot shows a median of RM 337, though individual units vary from RM 221 to RM 453 in the core range. The broader market spans RM 53.25 to RM 620.75, indicating diverse property characteristics. A wider spread (IQR: RM 567.50) and deviation (MAD: RM 116) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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SEK. 23, SHAH ALAM, Petaling, Selangor

OSM

Transactions

15 transactions grouped by size

1,550 sqft
3-Storey Shop
RM 1,800,000
PELABUR A 23/A
1,539 sqft · RM 1,169.00 PSF
Mar 2025
RM 1,800,000
PELABUR A 23/A
1,539 sqft · RM 1,169.00 PSF
Apr 2024
RM 1,675,000
JALAN PELABUR A23/A
1,539 sqft · RM 1,088.00 PSF
Feb 2023
RM 2,050,000
JALAN PELABUR B23/B
1,539 sqft · RM 1,332.00 PSF
Jul 2022
9,100 sqft
Detached Factory
RM 4,700,000
JALAN 23/5
9,104 sqft · RM 516.00 PSF
May 2024
12,950 sqft
Semi-D Factory
RM 4,900,000
JALAN RINGGIT 23/11
12,971 sqft · RM 378.00 PSF
Jan 2022
RM 4,600,000
JALAN 23/11
12,971 sqft · RM 355.00 PSF
Oct 2021
16,600 sqft
Semi-D Factory
RM 4,000,000
JALAN 23/2
16,587 sqft · RM 241.00 PSF
May 2024
RM 4,000,000
JALAN MODAL 23/2
16,587 sqft · RM 241.00 PSF
Sep 2021
22,850 sqft
Semi-D Factory
RM 5,200,000
JALAN MODAL 23/2
22,841 sqft · RM 228.00 PSF
Oct 2021
23,100 sqft
Semi-D Factory
RM 5,100,000
JALAN MODAL 23/2
23,121 sqft · RM 221.00 PSF
Aug 2021
25,850 sqft
Semi-D Factory
RM 8,700,000
JALAN SAHAM 23/3
25,844 sqft · RM 337.00 PSF
Dec 2023
57,050 sqft
Detached Factory
RM 15,000,000
JALAN PASARAN 23/5
57,038 sqft · RM 263.00 PSF
Aug 2024
101,100 sqft
Detached Factory
RM 16,100,000
PERSIARAN PERUSAHAAN
101,093 sqft · RM 159.00 PSF
Mar 2022
315,500 sqft
Detached Factory
RM 55,000,000
PERSIARAN PERUSAHAAN
315,512 sqft · RM 174.00 PSF
Oct 2023