SEK. 13 SHAH ALAM in Petaling, Selangor recorded 38 subsale transactions in 2022, with a median price of RM 935K and a median price per square foot (PSF) of RM 421.
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 935K, with most transactions falling within a stable range of RM 425K to RM 1.45 million, and a typical market range of RM 189K to RM 1.68 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 421, though individual units vary from RM 334 to RM 508 in the core range. The broader market spans RM 334.75 to RM 507.25, indicating diverse property characteristics. The spread of RM 172.50 (IQR) and deviation of RM 87 (MAD) suggest moderate price variations reflecting different property features.
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. Moderate transaction volume may require patience when buying or selling.
