DATARAN OTOMOBIL, SEK. 15 SHAH ALAM in Petaling, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 245K and a median price per square foot (PSF) of RM 296.
This area contains both residential and commercial properties. View 1 residential properties or 32 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 245K, with most transactions falling within a stable range of RM 165K to RM 325K, and a typical market range of RM -25,000 to RM 515K.
Most transactions involved office lot, with moderate diversity in property types available.
Price per square foot shows a median of RM 296, though individual units vary from RM 214 to RM 378 in the core range. The broader market spans RM 187.00 to RM 405.00, indicating diverse property characteristics. A wider spread (IQR: RM 218.00) and deviation (MAD: RM 82) 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. Limited transaction history suggests carefully evaluating comparable sales data.
