SHAH ALAM UTAMA

SHAH ALAM UTAMA in Petaling, Selangor recorded 7 subsale transactions in 2021, with a median price of RM 685K and a median price per square foot (PSF) of RM 416.

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 685K, with most transactions falling within a stable range of RM 580K to RM 849K, and a typical market range of RM 580K to RM 869K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 416, with core pricing between RM 338 and RM 494. Market pricing typically extends from RM 358.00 to RM 474.00, reflecting moderate variation in unit pricing. The spread of RM 116.00 (IQR) and deviation of RM 78 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.