I-Residence (I-City)-Sek.7 Shah Alam

I-Residence (I-City)-Sek.7 Shah Alam in Petaling, Selangor recorded 4 subsale transactions in 2023, with a median price of RM 501K and a median price per square foot (PSF) of RM 516.

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 501K, with most transactions falling within a stable range of RM 401K to RM 601K, and a typical market range of RM 401K to RM 601K.

Most transactions involved serviced apartment, with minimal variety in property types.

For price per square foot, the median is RM 516, with most transactions between RM 477 and RM 556. The usual range is RM 489.08 to RM 543.08, showing that most units are priced quite close to each other. With an IQR of RM 54.00 and MAD of RM 40, the PSF demonstrates reasonable consistency across the market.

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.