SEK. 28, SHAH ALAM

Area Intelligence
4 subsale transactions
2022
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Median Price
RM 1,350,000
PSF: RM 682

Commercial PSF Trends

Median Price

RM 1,350,000

RM 682 PSF

SEK. 28, SHAH ALAM in Petaling, Selangor recorded 4 subsale transactions in 2022, with a median price of RM 1.35 million and a median price per square foot (PSF) of RM 682.

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 1.35 million, with most transactions falling within a stable range of RM 1.20 million to RM 1.53 million, and a typical market range of RM 1.20 million to RM 1.51 million.

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

The median PSF stands at RM 682, with core pricing between RM 555 and RM 809. Market pricing typically extends from RM 611.00 to RM 753.00, reflecting moderate variation in unit pricing. The spread of RM 142.00 (IQR) and deviation of RM 127 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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SEK. 28, SHAH ALAM, Petaling, Selangor

OSM

Transactions

4 transactions grouped by size

1,750 sqft
Double Storey Shop
RM 1,200,000
JALAN MORIB 28/6
1,760 sqft · RM 682.00 PSF
Oct 2022
RM 1,200,000
JALAN BATU LAUT 28/5
1,760 sqft · RM 682.00 PSF
Sep 2022
RM 1,500,000
JALAN PULAU KEMPAS 28/3
1,760 sqft · RM 852.00 PSF
Aug 2022
3,250 sqft
Double Storey Shop
RM 1,600,000
JALAN LABU 28/23
3,248 sqft · RM 493.00 PSF
Sep 2022