SEK. 8 SHAH ALAM

SEK. 8 SHAH ALAM in Petaling, Selangor recorded 13 subsale transactions in 2023, with a median price of RM 585K and a median price per square foot (PSF) of RM 340.

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 585K, with most transactions falling within a stable range of RM 200K to RM 996K, and a typical market range of RM 438K to RM 732K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 340, with core pricing between RM 285 and RM 395. Market pricing typically extends from RM 282.25 to RM 397.75, reflecting moderate variation in unit pricing. The spread of RM 115.50 (IQR) and deviation of RM 55 (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.