SEKSYEN 23, SHAH ALAM Property Investment Analysis

Bandar Shah Alam, Petaling, Selangor

Median Price
RM 650,000
CAGR
+4.5%
Median PSF
RM 454.00
CAGR
+6.2%
Transactions
6
Period
2021-2023

PROPERTY TYPES OVERVIEW

SEKSYEN 23, SHAH ALAM in Petaling, Selangor recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 650K and a median price per square foot (PSF) of RM 454.

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 650K, with most transactions falling within a stable range of RM 597K to RM 703K, and a typical market range of RM 610K to RM 690K.

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

For price per square foot, the median is RM 454, with most transactions between RM 447 and RM 461. The usual range is RM 438.00 to RM 470.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.00 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

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.

ADVANCED FILTERS

TRANSACTIONS

6 found
2 - 2 1/2 Storey Terraced
JLN LABA TIGA 23/14C
RM 746,000
PSF: RM 453.00
Area: 1,647 sqft
Date: Nov 2023
2 - 2 1/2 Storey Terraced
JLN BONUS 23/7
RM 640,000
PSF: RM 457.00
Area: 1,399 sqft
Date: Sep 2023
2 - 2 1/2 Storey Terraced
JLN LABA SATU 23/7A
RM 650,000
PSF: RM 465.00
Area: 1,399 sqft
Date: Mar 2023
2 - 2 1/2 Storey Terraced
JLN LABA DUA 23/14B
RM 750,000
PSF: RM 455.00
Area: 1,647 sqft
Date: Apr 2022
2 - 2 1/2 Storey Terraced
JLN ANALISIS DUA 23/13B
RM 540,000
PSF: RM 415.00
Area: 1,302 sqft
Date: Nov 2021
2 - 2 1/2 Storey Terraced
JLN LABA TIGA 23/14C
RM 650,000
PSF: RM 395.00
Area: 1,647 sqft
Date: Oct 2021