Sek. 16, Shah Alam

Seksyen 16, 40200 Shah Alam, Selangor, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM 16,108,000
PSF
RM 261
Price Size
43,000 sqft
Factory
RM 11,800,000
Jalan Gudang 16/9
42,999 sqft · RM 274 PSF
43,100 sqft
Factory
RM 12,184,000
Jalan Gudang 16/9
43,099 sqft · RM 283 PSF
55,600 sqft
Factory
RM 15,716,000
Jalan Gudang 16/9
55,598 sqft · RM 283 PSF
66,750 sqft
Factory
RM 16,500,000
Jalan Halba Satu 16/16A
66,736 sqft · RM 247 PSF
123,350 sqft
Factory
RM 22,000,000
Jalan Halba 16/16
123,333 sqft · RM 178 PSF
261,500 sqft
Factory
RM 41,000,000
Prsn Raja Muda
261,511 sqft · RM 157 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 16,108,000

RM 261 psf

Median transaction price

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Seksyen 16, 40200 Shah Alam, Selangor, Malaysia

Maps

Sek. 16, Shah Alam in Petaling, Selangor recorded 6 subsale transactions in 2023, with a median price of RM 16.11 million and a median price per square foot (PSF) of RM 261.

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 16.11 million, with most transactions falling within a stable range of RM 11.80 million to RM 26.14 million, and a typical market range of RM 11.80 million to RM 22.50 million.

Most transactions involved detached factory/warehouse, with moderate diversity in property types available.

The median PSF stands at RM 261, with core pricing between RM 210 and RM 312. Market pricing typically extends from RM 199.83 to RM 321.83, reflecting moderate variation in unit pricing. The spread of RM 122.00 (IQR) and deviation of RM 51 (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. Limited transaction history suggests carefully evaluating comparable sales data.