SEK. 28, SHAH ALAM

SEK. 28, SHAH ALAM in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 1.40 million and a median price per square foot (PSF) of RM 795.

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 1.40 million, with most transactions falling within a stable range of RM 1.07 million to RM 1.50 million, and a typical market range of RM 1.24 million to RM 1.50 million.

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

Price per square foot shows a median of RM 795, though individual units vary from RM 606 to RM 984 in the core range. The broader market spans RM 724.00 to RM 866.00, indicating diverse property characteristics. The spread of RM 142.00 (IQR) and deviation of RM 189 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.