SEK. 7 SHAH ALAM

SEK. 7 SHAH ALAM in Petaling, Selangor recorded 58 subsale transactions in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 391.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 700K, with most transactions falling within a stable range of RM 235K to RM 1.16 million, and a typical market range of RM 550K to RM 850K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 391, though individual units vary from RM 304 to RM 477 in the core range. The broader market spans RM 329.25 to RM 451.75, indicating diverse property characteristics. The spread of RM 122.50 (IQR) and deviation of RM 87 (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. Moderate transaction volume may require patience when buying or selling.