SEKSYEN 13 - SHAH ALAM

SEKSYEN 13 - SHAH ALAM in Petaling, Selangor recorded 23 subsale transactions in 2023, with a median price of RM 650K and a median price per square foot (PSF) of RM 503.

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 650K, with most transactions falling within a stable range of RM 210K to RM 1.18 million, and a typical market range of RM 289K to RM 1.01 million.

Most transactions involved office lot, with high diversity across multiple property types.

Price per square foot shows a median of RM 503, though individual units vary from RM 278 to RM 728 in the core range. The broader market spans RM 295.75 to RM 710.25, indicating diverse property characteristics. A wider spread (IQR: RM 414.50) and deviation (MAD: RM 225) 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. Moderate transaction volume may require patience when buying or selling.