SEK. 14 SHAH ALAM in Petaling, Selangor recorded 2 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 516.
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 400K, with most transactions falling within a stable range of RM 340K to RM 460K, and a typical market range of RM 20K to RM 780K.
Most transactions involved office lot, with minimal variety in property types.
For price per square foot, the median is RM 516, with most transactions between RM 490 and RM 542. The usual range is RM 501.50 to RM 530.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.00 and an average deviation (MAD) of RM 26 indicate a highly stable PSF trend across properties.
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.
